Thursday, 9 March 2017

ExxonMobil to Acquire 25% in Mozambique’s Area 4

From ARIMANDO DOMINGUES in Maputo, Mozambique MAPUTO, (CAJ News) – ExxonMobil and Eni have signed a sale and purchase agreement to enable ExxonMobil acquire a 25 percent indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Eni currently holds a 50 percent indirect share in the block through a 71.4 percent stake in […]

from Sniply: CAJ News Africa

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