Driving Deal-Making in Mozambique Post-COVID
Mozambique defied global investment flows by reporting a rise in deal activity in 2020. Now, the country seeks to engage local service providers to supply goods and services to gas … Read More
Tag: ONGC
African Development Bank, Mozambique LNG Area 1 Project win Multilateral Deal of the Year Award for Global Syndicated Finance
The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and the African Development Bank have jointly received the prestigious Global Multilateral Deal of the Year 2020 award by the print … Read More
SENEGAL: FAR Sells RSSD Assets to ONGC
FAR Limited has announced it has entered into an RSSD Sale and Purchase Agreement with ONGC Videsh Vankorneft Pte Ltd (ONGC) in respect of FAR’s entire interest in the Production … Read More
FPSO Awards Are Set To Recover To Seven Vessels Next Year
Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad … Read More
India to focus on Africa to geographically diversify energy basket
India will increase focus on the African community as a vital region to source petroleum products as a matter of policy according to petroleum minister and natural gas Shri Dharmendra … Read More
ONGC Videsh and Rovuma Area-1 block partners to invest $6B in Mozambique
India’s oil minister Dharmendra Pradhan on return from a trip to Mozambique has announced that Oil India Ltd (OIL), its overseas subsidiary of Oil and Natural Gas Corp (ONGC) and … Read More
Eni ranked best in transparency of corporate reporting
Eni was ranked first in the world for transparency of corporate reporting according to an assessment by Transparency International which examined the 124 largest listed companies in the world and … Read More
OVL may raise USD 500-700 m to fund Mozambique acquisition
Story by Moneycontrol.com ONGC Videsh Ltd plans to raise USD 500-700 million loan by pledging future crude oil production from its overseas assets, to fund the acquisition of a Mozambique … Read More
