Exxon to sell its Tanzanian gas field

Exxon Mobil is seeking buyers for its stake in a large undeveloped gas field off Tanzania, according to three banking and industry sources, as the company focuses on the development of an even bigger project in neighbouring Mozambique. The planned sale is an example of Chief Executive Darren Woods’ strategy of freeing up cash and … Continue reading Exxon to sell its Tanzanian gas field