Qatar Petroleum buys stakes in ExxonMobil blocks offshore LNG developer Mozambique
Qatar Petroleum said it signed an agreement with US major ExxonMobil, its main partner in the Qatari Ras Laffan LNG production complex, to acquire a 10 percent participating interest in three exploration blocks offshore the southeast African nation of Mozambique, one of the newest LNG developers.
Mozambique LNG developer Eni of Italy has credit rating cut over Italian EU budget dispute
Italian energy company Eni, the developer of LNG projects in Mozambique and other world-class natural gas ventures worldwide, has had its debt rating reduced by the main US ratings agency because of concern over Italian government debt arising from the worsening budget dispute with the European Commission.
Mozambique LNG developer Eni tries for more gas success in Northern Zambezi Basin block
Italian energy company Eni said it signed a contract in Mozambique to explore a new offshore block in the Northern Zambezi Basin after its successes in the Area 4 block of the Rovuma Basin from where it is currently developing onshore and floating liquefied natural gas projects.
