Company Updates

ExxonMobil Provides Support in Mozambique Following Cyclone Idai

ExxonMobil says that it is providing $300,000 to aid agencies to support disaster relief and recovery efforts in Mozambique following Cyclone Idai, which made landfall on March 14.

Of this amount, $250,000 will be contributed to the American Red Cross for ongoing rescue efforts and for food, shelter and comfort for the storm’s victims. ExxonMobil’s affiliate ExxonMobil Moçambique Limitada will contribute another $50,000 to organizations operating in Mozambique that are assisting the government with disaster relief efforts.

“We are deeply saddened by the impact of Cyclone Idai on Mozambique and surrounding countries,” said Darren W. Woods, ExxonMobil chairman and chief executive officer. “The devastation has been widespread, and this funding will help provide relief during a difficult time. Our thoughts are with everyone affected.”

ExxonMobil employees and contractors have been reported safe following the cyclone.

In Mozambique, ExxonMobil holds an indirect 25 percent interest in Area 4 and will lead the construction and operation of onshore natural gas liquefaction plants. The company also holds 60 percent operating interest in the Angoche (A5-B) and Zambezi Delta (Z5-C and Z5-D) basins awarded during Mozambique’s fifth licensing round.

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