ExxonMobil | Egypt Oil & Gas

ExxonMobil to Shut Singapore Steam Cracker by June 2026

ExxonMobil plans to permanently shut down the older of its two steam crackers on Singapore's Jurong Island, with closure beginning in March and full shutdown expected by June, Reuters reported, citing four sources ...

Exxon Mobil Eyes Lukoil’s Stake in Iraq’s West Qurna 2 Giant

Iraqi oil ministry officials said that ExxonMobil has reached out to express interest in acquiring Lukoil’s majority share in the massive West Qurna 2 oilfield, Reuters reported.

EGPC, ExxonMobil Sign Agreement to Boost Fuel Transport Safety

The Egyptian General Petroleum Corporation (EGPC) has signed a strategic Memorandum of Understanding (MoU) with ExxonMobil Egypt. The MoU is to enhance risk management, operational safety, and training across Egyp ...

Exxon Mobil, Chevron Weigh Bids for Lukoil International Assets

U.S. oil giant Exxon Mobil is evaluating potential acquisitions of overseas assets owned by sanctioned Russian producer Lukoil, sources familiar with the talks, reported. The move places Exxon alongside rival Chev ...

ExxonMobil Joins Energean, HELLENiQ ENERGY in Ionian Sea Block 2 Through New Farm-In Deal

ExxonMobil, Energean, and HELLENiQ ENERGY Upstream have announced a Farm-In Agreement under which ExxonMobil will acquire a participation interest in the Block 2 concession, located in the northwestern Ionian Sea, ...

ExxonMobil Expands Gas Exploration in Egypt with New Concession West of Zohr Field

ExxonMobil has signed a Letter of Intent (LOI) with the Egyptian Natural Gas Holding Company (EGAS) to expand the former's natural gas exploration activities in the Mediterranean Sea, marking a new chapter in the ...

ExxonMobil Reports Earnings of $7.5 billion in Q3 2025

ExxonMobil reported earnings of $7.5 billion in the third quarter (Q3) of 2025 compared to $7.08 billion recorded in the second quarter (Q2) of 2025. The company stated that the improved earnings were driven by ad ...

ExxonMobil Mulls Resuming Operations in Iraq

ExxonMobil, a major energy company, is exploring the possibility of returning to operations in Iraq after nearly two years away by signing preliminary agreements to begin work on the Majnoon oil field in southern ...

SOMO Negotiates with Exxon for Storage Space in Singapore

The State Oil Marketing Organization (SOMO) revealed that it entered into negotiations with ExxonMobil seeking a deal for more storage space in Singapore, according to Iraq News Agency (INA).

ExxonMobil May Return to Sakhalin-1, Two Years After Putin’s Takeover

Russia’s President Vladimir Putin has signed a decree that could enable foreign investors, including US. ExxonMobil, to reclaim their stakes in the Sakhalin-1 oil and gas project.

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