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    TheHindu: OVL to pick up 10 % stake in Mozambique gas field

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Summary

Oil and Natural Gas Corporation Videsh Ltd. (OVL) announced to but stakes at Mozambique's fields. US' the Anadarko Petroleum Corp of U.S. sells its shares for $2.64 billion.

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Press Notes, Africa

TheHindu: OVL to pick up 10 % stake in Mozambique gas field

 Oil and Natural Gas Corporation Videsh Ltd. (OVL), on Monday, announced that it would buy a 10 per cent stake in a giant Mozambique gas field from Anadarko Petroleum Corp of U.S. for $2.64 billion. MORE