Russia's Rosneft, US Exxon Jointly Bid for Fields in Mozambique

Reuters

MOSCOW, July 30 (Reuters) – Russia's Rosneft and U.S. ExxonMobil have jointly applied to take part in a tender for hydrocarbon fields in Mozambique, Rosneft said in a statement on Thursday.

Exxon will be the operator if the two companies win the tender, Rosneft said.

Exxon has suspended cooperation with Rosneft in Russia itself because of Western sanctions against Rosneft linked to the Ukraine crisis.

Rosneft said that fields are located in Angoche basin (A5-A and A5-B) and in Zambezi Delta (Z5-C and Z5-D).

(Reporting by Katya Golubkova, editing by Jason Bush)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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