Nigeria, Sao Tome and Principe
Addax Picks Up Leftovers
Disappointed with the results of a first well, ExxonMobil has decided to pull out of block 1 in the JDZ.
Anadarko was an oil and gas exploration company based in Texas and one of America’s most active oil companies in Africa. It was a pioneer in the nascent Mozambican oil industry, before making way for the major oil companies, as they alone had the requisite financial resources to develop the oilfields in the country's offshore. It was taken over by Occidental Petroleum in 2019.