US Gas Firm Anadarko Cuts Capital Expenditure by 50% in 2016

• Thursday, 4th February 2016
• by Egypt Oil & Gas

The third-largest US natural gas producer, Anadarko Petroleum Corporation, cut its spending plans by almost 50% to $2.8b in 2016, after having filed a net loss of $1.25b in Q4 of the last year, Bloomberg reported. The...

India’s ONGC Pursuing Gas and LNG Deal Worth $24b in Mozambique

• Sunday, 30th August 2015
• by Egypt Oil & Gas

India’s state-run exploration company ONGC is investing in a massive offshore Mozambique gas field with estimated reserves of more than 75 tcf, reported the India Economic Times. The Area 1 Rovuma offshore field will ...

Anadarko Announces New Natural Gas Discovery Offshore Mozambique

• Tuesday, 12th June 2012
• by Egypt Oil & Gas

Anadarko Petroleum Corporation 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 ...

Anadarko hits West Africa oil shows

• Thursday, 19th April 2012
• by Egypt Oil & Gas

Anadarko Petroleum has struck oil shows at two wells at off pair of near neighbours in West Africa. The NYSE-listed independent hit oil shows in its primary target after intersecting sandstone at the Kosrou-1 explorat...