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Anadarko and Eni reach unitisation agreement for Mozambique's Area 1 and Area 4 straddling resources

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Report summary

On 3 December Anadarko and Eni signed a Unitisation and Unit Operating Agreement (UUOA) for the straddling gas resources in Mozambique s Rovuma Basin. The companies will initially each develop up to 12 tcf in a separate but coordinated developments while the remaining volumes from the Prosperidade and Mamba fields will be developed jointly via a new operator which will be owned by Anadarko and Eni. Anadarko also announced an MoU to supply gas to the domestic market.

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