Area 4 | Egypt Oil & Gas

ExxonMobil to Buy 25% of Eni’s LNG Offshore Mozambique

ExxonMobil Corp. announced it will buy 25% of a liquefied natural gas (LNG) project off Mozambique from Italy’s Eni for about $2.8b as the US oil giant expands its worldwide LNG footprint, Bloomberg reported. Eni, whi...

Eni Approved Investments for Coral Project

Italian Eni approved the investment for the first phase of the Coral South project, reported World Oil. The Coral discovery is in the deep waters of the Rovuma basin (Area 4), offshore Mozambique. However, this is not...

Eni: new high impact exploration success in Mozambique

Eni has made a new high impact discovery at Agulha exploration prospect, in Area 4, offshore Mozambique. Preliminary estimates show that the Agulha structure could contain 5 to 7 Trillion cubic feet of gas in place. E...

Eni Announces an Important New Discovery in Mozambique

Eni announces a new giant natural gas discovery in Area 4, offshore Mozambique, at the Coral 1 exploration prospect. The results for this well, drilled in the southern part of Area 4, are of particular significance. T...

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