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Russia's Rosneft, Exxon win license round in Mozambique

Reuters - UK Focus

MOSCOW, Oct (HKSE: 3366-OL.HK - news) 29 (Reuters) - Russia's Rosneft said on Thursday, together with U.S (Other OTC: UBGXF - news) . partner ExxonMobil, it won three blocks in the fifth license round in Mozambique.

Rosneft and Exxon were awarded three contract areas: A5-B in the Angoche Basin as well as Z5-C and Z5-D in the Zambezi Delta. Exxon is expected to be an operator for exploration and development projects in Mozambique, Rosneft added. (Reporting by Katya Golubkova; Editing by Jack Stubbs)