RN-Exploration is a 100 percent-owned subsidiary of Rosneft of Russia and Exxon Mobil Exploration and Production Mozambique Offshore Limited is also a 100 percent subsidiary of US group ExxonMobil.

The two companies submitted a joint proposal, in which the US company is presented as an operator, to areas in the Angoche basin (A5-A and A5-B) and the Zambezi delta (Z5-C and Z5-D).

In a statement, Rosneft recalled that the partnership with ExxonMobil was strategic, and that the two groups work together in the Sakhalin-1 project.

Source: Macau Hub