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Anadarko may seek bids from more players

Anadarko may seek bids from more players

Anadarko Petroleum and Videocon Industries, who want to dilute 20 percent of their holding in a natural gas block in Mozambique, may seek expression of interest from some more players, reports indicate. A consortium of ONGC and OIL has reportedly offered over $5 billion for the 20 percent stake. How

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Mozambique gas in India

Mozambique gas in India

Videocon Industries, which has 10 per cent interest in a Mozambique oil and gas block operated by joint venture partner Anadarko Petroleum, wants to bring its share of gas to India and sell it.