ADNOC to acquire Galp’s stake in Mozambique’s Area 4 concession
Abu Dhabi National Oil Company (ADNOC) has marked a significant stride in its international expansion by acquiring a 10% interest from Galp in the Area 4 concession of the Rovuma Basin in Mozambique. This acquisition, pivotal in ADNOC’s international growth strategy, entitles ADNOC to a share of the liquefied natural gas (LNG) production from the […]