MAPUTO, June 1 Italian energy company Eni signed a deal on Thursday to develop a huge gas field offshore Mozambique, the first of a series of projects that could transform the poor African nation into a major energy supplier to Asia.
The Coral South field, discovered in May 2012, is within Area 4 of the Rovuma Basin and contains approximately 450 billion cubic meters (16 TCF) of gas in place. (Reporting by Manuel Mucari; Writing by Nqobile Dludla; Editing by Edmund Blair)
Deals of the day-Mergers and acquisitions
June 26 The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday: