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Offshore news

Eni acquires rights in three new exploration licenses in Mozambique

Through a farm-in agreement, signed with ExxonMobil Moçambique Exploration & Production Limitada (ExxonMobil) and authorised by Mozambican institutions, Eni has acquired a 10% stake in the three blocks. The blocks are located in the deep waters of Angoche and Zambezi Basins.

 
 
 
 
 
 
 

Ironbark title transfers approved

The title transfers of exploration permit WA-359-P, which contains the giant Ironbark gas prospect offshore Western Australia, are to be transferred to new joint venture partners BP Developments Australia, Beach Energy and New Zealand Oil & Gas.