Bloomberg News

Shell Examines Opportunities to Expand in Mozambique After Cove

February 22, 2012

Feb. 22 (Bloomberg) -- Royal Dutch Shell Plc is “assessing opportunities” to expand in Mozambique after it completes a bid for Cove Energy Plc, company spokesman Jonathan French said by phone today.

Shell bid 994.4 billion pounds ($1.6 billion) to buy U.K. explorer Cove, which holds an 8.5 percent stake in one of the world’s largest gas discoveries in a decade of Mozambique.

To contact the reporter on this story: Eduard Gismatullin in London at egismatullin@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net


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