More than enough natural gas has been discovered offshore the east African countries of Mozambique and Tanzania recently to make a business case for development. Italian energy major ENI estimates...

More than half a dozen yellow tower cranes planted in the hillside above Mozambique’s capital are visible from a single vantage point at Anadarko Petroleum Corp.’s office. There are more poised along the beachfront in the other direction.

Japan will lend Mozambique 70 billion yen ($672 million) over five years, Prime Minister Shinzo Abe said on Sunday, as the Asian nation seeks to secure access to the East African country's rich coal and gas reserves.

Nov. 28 (Bloomberg) — Eni SpA said it will be “very challenging” for Mozambique, its planned base for African output, to meet a 2018 deadline to build plants allowing the...

Singapore-based Jaya Holdings’ (JAYA:SP) announced today in an emailed statement that their DP2 Platform Supply Vessel (PSV) “Jaya Vigilant” has been awarded a $20 million charter contract from an undisclosed firm to operate...

Aug. 26 (Bloomberg) — ONGC Videsh Ltd., a unit of India’s biggest energy explorer Oil & Natural Gas Corp., agreed to pay $2.64 billion to buy a 10 percent stake...

June 25 (Bloomberg) — Oil & Natural Gas Corp. and Oil India Ltd., India’s biggest state-run explorers, will pay $2.5 billion to buy a stake in a Mozambique natural gas...

April 30 (Bloomberg) — State-backed Oil & Natural Gas Corp. and Oil India Ltd. are the leading joint bidders for the stake in a Mozambique gas field being sold by...

Japanese companies sent a huge contingent to LNG 17 the other week, which makes sense considering they are, and will likely remain the world’s biggest consumers of LNG for the...

April 10 (Bloomberg) — Tanzania sees natural-gas reserves more than doubling by early 2015 from the 40 trillion cubic feet discovered by companies including Statoil ASA, as the country prepares...

Statoil announced today that they have signed a three year contract with Stena Drilling to contract their drillship, Stena Carron, for exploration drilling in the pre-salt blocks (Blocks 38 and 39)...

By Agnieszka Flak and Marina Lopes BEIRA, Mozambique – Constant silting and shifting underwater sandbanks at the Mozambican port of Beira require daily dredging, hampering efforts to build the Indian...