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The ExxonMobil affiliate signed an agreement with Impact Africa Limited (Impact), a subsidiary of Impact Oil & Gas Limited, to acquire a 75% participating interest in the Tugela South Exploration Right and will become operator. The Impact Oil and ExxonMobil areas offshore South Africa. Source: Petroleum Agency SA.
With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the GoM to employ a simplified, cost-efficient host design. Shell is the leading operator in the US Gulf of Mexico for oil and gas production. The Vito development is owned by Shell Offshore Inc.
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