Herbert Smith Freehills Advising CNPC on $4 Billion Mozambique Investment

Herbert Smith Freehills has advised China National Petroleum Corp. on a $4.2 billion investment in a offshore gas field in Mozambique.

CNPC bought a 20 percent share of the so-called Area 4 gas field through the purchase of a stake in Eni East Africa SpA, a subsidiary of Italian oil and gas company Eni SpA.

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