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Bloomberg

Exxon Increases Stake in Mozambique Gas Project Via Eni Swap

Friday, October 30, 2026


ExxonMobil Holdings Corp. increased its stake in the Rovuma liquefied natural gas project in Mozambique through a swap with Eni SpA. The swap involved exchange of assets between the two oil and gas companies. No details on the new stake percentage or additional transaction terms were provided.

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