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    Trefis: Anadarko Might Rake In At Least $2.5 Billion From African Asset Sale

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Summary

Videocon sells 10% stake in the Mozambican Rovuma basin gas assets for $2.5 billion

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Press Notes, Africa

Trefis: Anadarko Might Rake In At Least $2.5 Billion From African Asset Sale

Earlier this year, Anadarko and Videocon, an Indian consumer electronics company, had jointly put up their 20% stake for sale in an offshore Mozambique gas field. According to a press release from June 25, two state-backed Indian energy companies, Oil & Natural gas Corp. and Oil India Ltd. MORE