Exxon, Chevron move into South Africa exploration

Issue 246 - 17 Jan 2013 | 2 minute read

A surge of interest in South Africa’s hydrocarbons potential following recent success in Mozambique has seen ExxonMobil take 75% in Impact Oil & Gas’ offshore Tugela South licence, while Chevron has announced a tie-up with Falcon Oil & Gas to explore onshore for unconventional oil and gas.

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