LONDON (Reuters) - The takeover battle for Cove Energy looks set to run after Thailand's PTT Exploration and Production trumped Royal Dutch Shell with a $1.9 billion offer, underscoring interest in new east African gas finds.
Mozambique by Anadarko earlier this week. It was reported that the Golfinho exploration, which has been going on in the East African country of Mozambique for a while, made the discovery of a big deposit of natural gas in the deep water Rovuma basin area1
LONDON, May 20 (Reuters) - To East Africa 's assets of spectacular wildlife, abundant land and shimmering beaches you can now add gas - so much gas it could transform global energy flows along with some of the world's poorest countries.
* ENI finds another giant gas field off coast of Mozambique
LONDON, May 16 (Reuters) - British gas firm BG Group and explorer Ophir Energy said they had found more gas off the coast of Tanzania, raising hopes that the East African country will become a major new gas province.
LONDON, May 10 (Reuters) - Shell moved a step closer to acquiring Cove Energy after Mozambique gave the deal the green light, removing one of the conditions of a takeover which will see the oil major access East Africa 's huge gas reserves.
NAIROBI, May 9 (Reuters) - The state oil companies of Japan and Kenya have signed an agreement to survey the east African country, which has become a hot spot for exploration after the discovery of oil, and assess its petroleum reserves onshore, officials said on Wednesday.
NAIROBI, May 9 (Reuters) - The state oil companies of Japan and Kenya have signed an agreement to survey the east African country, which has become a hot spot for exploration after the discovery of oil, and assess its petroleum reserves onshore, officials said on Wednesday.
DAR ES SALAAM, May 8 (Reuters) - German group HeidelbergCements's Tanzanian unit expects demand for cement in east Africa 's second-biggest economy to rise this year.
NAIROBI, April 27 (Reuters) - Kenya's East African Breweries Ltd.'s (EABL) Managing Director Seni Adetu will leave his post as of July 1 this year to head Guinness Nigeria Plc, the company said on Friday.