Namibia: ExxonMobil moves into Walvis Basin
Issue 363
- 15 Feb 2018
| 1 minute read
Portugal’s Galp said on 31 January that it was farming down a 40% interest in Petroleum Exploration Licence (PEL) 82 to ExxonMobil. On conclusion of the transaction, Galp and ExxonMobil will each hold a 40% interest in the licence, and Galp will retain the operatorship.
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