
ADNOC Finalizes Farm-In to Mozambique’s Area 4 LNG Project
ADNOC’s investment subsidiary, XRG, has closed on the acquisition of Galp’s 10% interest in Mozambique’s Area 4 concession in the Rovuma basin—Mozambique Romuva Venture (MRV), led by ExxonMobil and Eni. The acquisition announced in May 2024 gives ADNOC a …