Petroleum Africa
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Friday, March 25, 2016
ExxonMobil is said to be in talks to acquire a piece of Mozambique’s natural gas commercialization project. Dow Jones reported that the US supermajor is in advanced talks with ENI for a stake in its project offshore the East African country.
The exact terms of the potential deal were not revealed but it is understood that ExxonMobil could be looking for around 20% of the project.
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