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Exxon Said to Join Qatar to Look at Giant Africa Gas Deal

  • Assets held by Eni, Anadarko Petroleum under consideration
  • Exxon’s ties with Qatar already include gas extraction, LNG
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Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the biggest natural-gas discoveries in a generation, according to four people with knowledge of their plans.

The companies are considering buying stakes in gas fields owned by Anadarko Petroleum Corp. and Eni SpA, the people said, asking not to be identified because the matter is confidential. They have a strong relationship and often discuss potential investments, though no final agreement has been reached, the people said.