ExxonMobil is advancing a dual-track upstream strategy in Angola focused on extending production from mature offshore assets while expanding exploration in frontier basins, underscoring the company’s long-term commitment to one of Africa’s largest oil-producing nations.
Venezuela is attracting renewed interest from global oil majors after sweeping reforms opened its energy sector, but rebuilding its corroded infrastructure will require more than $100 billion and at least a decade, OilPrice.com reported.
Zululand Energy Terminal (ZET) has signed a Heads of Agreement (HoA) with ExxonMobil South Africa LNG Ltd., advancing plans for South Africa’s first liquefied natural gas (LNG) import terminal at the Port of Richards Bay.
Dr. Kwabena Donkor warns that delays in reviewing Ghana’s petroleum laws are deterring major oil investors, including Chevron and ExxonMobil.
Egypt, ExxonMobil and QatarEnergy signed an MoU last week to study the potential development and commercialisation of gas discoveries in Cyprus through Egypt’s existing gas and LNG export infrastructure, according to a leading energy journal.
QatarEnergy and ExxonMobil have signed an MoU with the Government of Egypt to study the potential development and commercialisation of gas discoveries in Cyprus, QatarEnergy announced on Thursday. Under the terms of the MoU, the parties will explore future growth opportunities that would optimise Egypt’s underutilised gas and LNG production assets, as well as commercial frameworks utilising […]
Weatherford International has secured a deepwater integrated completions contract from Esso Exploration & Production Nigeria, an affiliate of ExxonMobil, supporting offshore Nigeria operations. The contract falls within Weatherford’s well construction and completions portfolio and covers integrated upper and lower completions systems for deepwater wells. According to the company, the scope of work is focused on supporting well integrity, […]
Higher oil prices drove the first-quarter adjusted earnings at ExxonMobil (NYSE: XOM) above the analyst estimates as the jump in prices more than offset lower oil and gas production in the Middle East and Kazakhstan.
Let me show you how ExxonMobil is no longer an investor in Guyana, but is instead using Guyana’s own oil to enrich itself, while the country is left waiting, and the politicians remain silent.
Golden Pass LNG, designed to export about 18 million metric tons per annum (MMtpa), has dispatched its inaugural cargo. “Marking an important step towards the project’s commencement of full commercial and export operations, the project’s historic LNG cargo was safely and successfully loaded onboard QatarEnergy’s Al-Qaiyyah LNG carrier, recently built in the Republic of Korea […]