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.
Original reporting:
