Exxon Said in Advanced Talks Over Eni Mozambique Gas Stake

By
Paul Burkhardt
and
Dinesh Nair
  • CEO met Mozambican President Nyusi last week to discuss deal
  • Exxon also in parallel talks with Anadarko over stakes

Exxon Mobil Corp. is in advanced negotiations with Eni SpA over acquiring a minority stake in natural-gas discoveries off Mozambique, according to two people with knowledge of the talks.

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