Coral field | 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 Seeks Investments for Mozambique’s Gas Field

Italian oil firm Eni has approached banks for billions of dollars to finance Mozambique’s huge offshore gas development, Reuters reported. Eni met with bankers in London, late September, to discuss financing for...

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