09 Mar ExxonMobil purchase $2.8 billion interest in offshore Mozambique gas block
ExxonMobil (NYSE:XOM) has agreed a purchase agreement with Eni (BIT:ENI) which will see the US oil major take a 25% interest in a gas-rich area off the coast of Mozambique. The deal for the stake in the offshore Area 4 block includes a cash fee of...