ExxonMobil has used artificial intelligence and advanced subsurface technologies to identify four new exploration opportunities in Guyana’s Stabroek Block as the operator continues to expand its offshore drilling program.
McDermott and Saipem, through their SMDC joint venture, have received a letter of intent from ExxonMobil for limited preliminary engineering and procurement services supporting the Rovuma LNG Phase 1 development in Mozambique’s Area 4 block, the companies said on Thursday.
ExxonMobil Holdings Corp. has told Kazakhstan that a potential $80 billion joint investment to expand the Kashagan oil field is contingent on resolving a long-running $150 billion dispute between the government and international companies, according to people familiar with the matter.
Sercel has been awarded a one-year contract by ExxonMobil Global Projects to deploy its Marlin simultaneous operations (SIMOPS) platform in support of the Whiptail development in Guyana’s Stabroek Block.
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.
Global Oil Giants Knocking Ghana’s Doors for Oil Blocks, But Slow Review of Sector Laws Barring Them
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 […]