Search results for: Videocon

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  • 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 […]

  • 17 January 2012

    Anadarko Petroleum Corporation​ 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 […]

  • 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 yesterday 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 (Area 1) for $2.64 billion in cash. Anadarko will remain the operator of Area 1 with a […]

  • 21 December 2012

    Anadarko Petroleum Corporation today announced that it has reached Heads of Agreement (HOA) with Eni, establishing foundational principles for the coordinated development of the common natural gas reservoirs spanning both Mozambique’s Offshore Area 1 (operated by Anadarko) and Offshore Area 4 (operated by Eni). The HOA is designed to facilitate a work program whereby the […]

  • 11 June 2012

    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 […]

  • 19 October 2010

    Anadarko Petroleum Corporation  today announced that the Barquentine exploration well in the Offshore Area 1 of Mozambique’s Rovuma Basin encountered a total of more than 416 net feet of natural gas pay in multiple high-quality sands. Specifically, the discovery well encountered more than 308 net feet of pay in two Oligocene sands that are separate […]

  • 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 […]

  • 5 October 2011

    Anadarko Petroleum Corporation today announced the cumulative results of its exploration and appraisal success offshore Mozambique have substantially increased the resource potential in the Offshore Area 1 of the deepwater Rovuma Basin. The appraisal section of its most recent exploration well at the Camarao prospect encountered approximately 240 net feet (73 meters) of natural gas […]

  • 21 December 2012
    Project & Tenders

    PTTEP AI (a subsidiary of PTTEP) and its joint venture partners have awarded Front End Engineering Design (FEED) contracts for both onshore LNG (liquefied natural gas) construction and offshore installation for its newly acquired block “Rovuma Offshore Area 1” in Mozambique which contains the vast natural gas resources discovered currently estimated to hold between 35 […]

  • 28 November 2011

    Anadarko Petroleum Corporation today announced the successful Barquentine-3 appraisal well encountered more than 662 net feet (202 meters) of natural gas pay in two high-quality Oligocene-aged fan systems, significantly expanding the estimated recoverable resource range to 15 to 30+ trillion cubic feet (Tcf) of natural gas, with an estimated 30 to 50+ Tcf of natural […]

  • 5 October 2011
    Business & Finance

    Anadarko Petroleum Corporation today announced the cumulative results of its exploration and appraisal success offshore Mozambique have substantially increased the resource potential in the Offshore Area 1 of the deepwater Rovuma Basin. The appraisal section of its most recent exploration well at the Camarao prospect encountered approximately 240 net feet (73 meters) of natural gas […]