ExxonMobil and Sonangol signed an MoU for exploration of the Namibe Basin. The block identity or location has yet to be revealed, but it is known Exxon was negotiating for block 42 (7,200 sq km in WD 3,000-3,500m, Angola, Benguela (Kwanza) and Namibe basins), block 43 (7,000 sq km in WD 2,500-2,800m, Angola + Namibe basins) and block 44 (6,000 sq km in WD 3,000-3,500m, Angola + Namibe basins).
Sonangol and ExxonMobil have signed a MOU signaling the intention to enter into a set of risk service contracts off. cover Blocks 30, 44 and 45.