ExxonMobil joins Statoil off Tanzania

Statoil has agreed to transfer 35% of its interest in block 2 offshore Tanzania to ExxonMobil and the government of Tanzania has approved the deal.

Offshore staff

STAVANGER, Norway – Statoil has agreed to transfer 35% of its interest in block 2 offshore Tanzania to ExxonMobil and the government of Tanzania has approved the deal.

Statoil had held 100% of the 11,099 sq km (4,285 sq mi) tract in deepwater. A 2D seismic survey was completed in 2008 and a 3D survey was done this past February.

04/01/2010

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