Search results for: Videocon

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  • 3 March 2011
    Business & Finance

      Oilex Ltd provides the following operations update for WA-388-P in offshore Western Australia. Apache Northwest Pty Ltd (“Apache”), the Operator of the WA-388-P permit, has proposed to the Joint Venture to start drilling the first exploration well in WA-388-P in April 2011. The well will target the “La Rocca” prospect in the Intra Mungaroo […]

  • 17 August 2012

    Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP, revealed that PTTEP Africa Investment Limited or PTTEP AI, a wholly owned subsidiary of PTTEP successfully acquired the entire shares capital of Cove Energy Plc. The Offer process is declared wholly completed. On August 15, PTTEP received written […]

  • 17 January 2013
    Business & Finance

    McDermott International, Inc. has teamed up with industry leader Allseas to provide a robust project execution strategy for the front-end engineering and design (“FEED”) of a subsea natural gas pipeline system and subsea infrastructure installation project for US independent Anadarko Petroleum offshore Mozambique. The successful pair was awarded a FEED contract by Anadarko in January […]

  • 18 January 2013
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    McDermott International, Inc. announced that one of its subsidiaries has teamed up with industry leader Allseas to provide a robust project execution strategy for the front-end engineering and design (“FEED”) of a subsea natural gas pipeline system and subsea infrastructure installation project for US independent Anadarko Petroleum offshore Mozambique. The successful pair was awarded a […]

  • 29 November 2010
    Business & Finance

    Anadarko Petroleum Corporation today announced its third major natural gas discovery this year in the Offshore Area 1 of Mozambique’s Rovuma Basin at the Lagosta prospect. The discovery well encountered a total of more than 550 net feet of natural gas pay in multiple high-quality Oligocene and Eocene sands. “The Lagosta discovery, located approximately 16 […]

  • 7 February 2011

      Anadarko Petroleum Corporation today announced the latest in a string of major deepwater natural gas discoveries off the coast of Mozambique. The Tubarão discovery well encountered more than 110 net feet (34 meters) of natural gas pay and no water in a high-quality Eocene-age reservoir that is separate and distinct from the hydrocarbon accumulations […]

  • 17 August 2012
    Business & Finance, Equipment

    Thailand’s PTT Exploration and Production Public Company Limited or PTTEP has acquired the entire shares capital of Cove Energy Plc. The Offer process is declared wholly completed. On August 15, 2012, PTTEP received written consent to the indirect change of control in Cove from the Republic of Mozambique’s Minister of Mineral Resources. This consent was […]

  • 17 March 2013
    Business & Finance, Equipment, Project & Tenders

    Top News of the Week March 11 – 16, 2013

  • 17 January 2012
    Business & Finance

    Anadarko​ today announced its seventh well in the discovery area offshore Mozambique successfully appraised previous discoveries at Lagosta and Camarao. The Lagosta-2 appraisal well, located about 4.4 miles (7 kilometers) north of the Lagosta discovery and 5.3 miles (8.5 kilometers) south of the Camarao well, encountered 777 total net feet (237 meters) of natural gas […]

  • 22 August 2011

    Anadarko Petroleum Corporation​ today announced that its Barquentine-2 appraisal well, located in Mozambique’s Offshore Area 1 of the Rovuma Basin, encountered more than 230 net feet (70 meters) of natural gas pay in high-quality Oligocene-age reservoirs. Barquentine-2 was the first appraisal well in the Windjammer, Barquentine and Lagosta complex, which is estimated to hold a […]

  • 9 May 2011
    Business & Finance

      Oilex Ltd advises that the “Ocean Patriot” rig has arrived at the La Rocca-1 well location and the well was spudded at 3:20 hours (WST) on 30 April 2011. La Rocca-1 is planned to take approximately 41 days days from spud to reach a final total depth of approximately 5,100 metres. Permit The WA-388-P […]

  • 21 February 2012

    Anadarko Petroleum Corporation today said that its latest appraisal well offshore Mozambique, Lagosta-3, encountered approximately 577 total net feet (176 meters) of natural gas pay in multiple zones. “The partnership’s successful appraisal drilling continues to confirm and expand the world-class nature of this massive natural gas accumulation offshore Mozambique,” said Bob Daniels, Anadarko Sr. Vice […]

  • 22 August 2011
    Business & Finance

    Anadarko Petroleum Corporation​ today announced that its Barquentine-2 appraisal well, located in Mozambique’s Offshore Area 1 of the Rovuma Basin, encountered more than 230 net feet (70 meters) of natural gas pay in high-quality Oligocene-age reservoirs. Barquentine-2 was the first appraisal well in the Windjammer, Barquentine and Lagosta complex, which is estimated to hold a […]

  • 15 May 2012

    Anadarko Petroleum Corporation today announced the Golfinho exploration well discovered a new, major natural gas accumulation nearly 20 miles (32 kilometers) northwest of its Prosperidade complex within the Offshore Area 1 of the Rovuma Basin. The Golfinho discovery well encountered more than 193 net feet (59 net meters) of natural gas pay in two high-quality […]

  • 26 August 2013

    Anadarko Petroleum Corporation announced it has entered into a definitive agreement with ONGC Videsh Ltd. (OVL), a wholly owned subsidiary of Oil and Natural Gas Corporation Limited, to sell a 10-percent interest in Mozambique’s Offshore Area 1 for $2.64 billion in cash. Anadarko will remain the operator of Area 1 with a working interest of […]

  • 18 April 2013
    Business & Finance

    Anadarko Petroleum Corporation today announced the discovery of a new natural gas accumulation fully contained within the Offshore Area 1 of the Rovuma Basin of Mozambique. The Orca-1 discovery well encountered approximately 190 net feet (58 meters) of natural gas pay in a Paleocene fan system. “Discovering another large, distinct and separate natural gas accumulation […]

  • 14 February 2014

    ONGC Videsh Limited (OVL), the overseas arm of Oil and Natural Gas Corporation Limited (ONGC), has entered into separate agreements with two consortiums of international banks to raise USD 2.5 billion by way of offshore borrowings to finance its acquisition of 10% participating interest in Rovuma Area I Block in Mozambique offshore. The first facility […]

  • 4 April 2012
    Business & Finance

    Anadarko Petroleum Corporation today announced that with the success of its Barquentine-4 appraisal well, the partnership has completed the drilling portion of its planned appraisal program in the discovery area offshore Mozambique. The Barquentine-4 well, located in Offshore Area 1 of the Rovuma Basin, encountered approximately 525 net feet (160 meters) of natural gas pay, […]

  • 11 June 2012
    Business & Finance

    Anadarko Petroleum Corporation today announced the Atum exploration well discovered another significant natural gas accumulation within the Offshore Area 1 of the Rovuma Basin. The Atum discovery well encountered more than 300 net feet (92 meters) of natural gas pay in two high-quality Oligocene fan systems. Preliminary data indicates this latest discovery is connected to […]

  • 4 April 2012

    Anadarko Petroleum announced that with the success of its Barquentine-4 appraisal well, the partnership has completed the drilling portion of its planned appraisal program in the discovery area offshore Mozambique. The Barquentine-4 well, located in Offshore Area 1 of the Rovuma Basin, encountered approximately 525 net feet (160 meters) of natural gas pay, and became […]

  • 21 February 2012
    Business & Finance

    Lagosta-3 appraisal well located about 2 miles (3 kilometers) west of the Lagosta-1 discovery Offshore Mozambique has encountered 577 net feet (176 meters) of Natural Gas Pay. Lagosta 3, the eighth successful well to drill in the world class Windjammer, Lagosta, Barquentine and Camarão (“WLBC”) gas complex, found high quality gas sands not well imaged […]

  • 7 February 2011
    Business & Finance

      Anadarko Petroleum Corporation today announced the latest in a string of major deepwater natural gas discoveries off the coast of Mozambique. The Tubarao discovery well encountered more than 110 net feet (34 meters) of natural gas pay and no water in a high-quality Eocene-age reservoir that is separate and distinct from the hydrocarbon accumulations […]