Exxon Mobil | Egypt Oil & Gas - Part 2
Statoil to Decide on LNG Export Terminal in 5 Years
Statoil’s Tanzania Country Manager, Oystein Michelsen, said that the final investment decision on a Tanzania’s $30b onshore liquefied natural gas (LNG) export terminal will not be made for at least five ye...
KEMYA Started Commercial Operations
Saudi Basic Industries Corp (SABIC) started commercial operations for polybutadiene industrial rubber part of its Al-Jubail Petrochemical Company (KEMYA) joint venture with a unit of Exxon Mobil, Reuters reported. Th...
Liberia to Drill First Offshore Well
Exxon Mobil Corporation will start drilling its first exploratory well off the coast of Liberia in November. The company will drill a deepwater exploration well on the Liberia-13 Block, located about 50 miles offshore...
Qatar to Join Exxon in Mozambique’s Gas Development
Qatar Petroleum is interested in joining US ExxonMobil in buying a multibillion-dollar stake in Mozambique’s giant gas acreage owned of Italian energy group Eni, as the state-controlled company looks to reduce ...
Tanzania To Speed Up LNG Project
Tanzanian President, John Magufuli, gave orders to speed up long-delayed work on a planned liquefied natural gas (LNG) plant in the Lindi region and estimated to cost $30b, Reuters reported. Final investment decisions...
Saudi SABIC, Exxon Seek to Build Petchem Complex in the US
An US Exxon Mobil affiliate and Saudi Basic Industries Corporation announced they are considering constructing a jointly owned petrochemical complex on the US Gulf Coast. The development would potentially be located i...
Oil Supermajors Apply to Bid for Mexican Oil Blocks
US energy giants Exxon Mobil and Chevron are among the 21 companies that have registered to bid for Mexico’s fourth phase of maiden offshore oil blocks auction –estimated to contain 4b boe in reserves– alongside...
Nigeria Convinces Oil Majors to Pay $200m for Fuel Imports
Nigeria will get $200m in badly-needed hard currency from oil majors to pay for fuel imports and ease petrol shortages that has hit the OPEC producer, the head of state-run oil firm NNPC said, Reuters reported. As Pet...
