Mozambique to Launch Oil, Gas Bid
Thursday, 3rd November 2016
Mozambique will hold its sixth round of oil and gas licensing round late in 2017 or in 2018. Additionally, the government awarded six licenses to search for oil and gas, with the potential to drum up about $700m in investments until 2020.
Statoil Divesting $220m Interest in TAP
Thursday, 3rd December 2015
Norway's oil and gas producer, Statoil ASA has announced a divestment of its 20 % interest in the Trans Adriatic Pipeline to Italian gas pipeline operator, Snam SpA, worth $220m (€208m), expected to be finalized by end 2015.