ExxonMobil | Egypt Oil & Gas
Iraq Signs MoU With ExxonMobil for Second Phase of Seawater Project
Iraqi Basra Oil Company has signed a memorandum of understanding (MoU) with US energy major ExxonMobil for the second phase of a seawater utilization project, according to a statement by Iraqi News Agency (INA). The s... ExxonMobil Sees $4.5 Bn Refining Earnings Boost in Q3
ExxonMobil expects higher refining margins to boost its downstream earnings by $4.5 Bn in the third quarter (Q3) of 2026 compared with the previous quarter, Reuters reported on October 16. The company’s adjusted net p...
ExxonMobil: US to Capture 30% of Global LNG Market by 2030
The United States (US) could account for around 30% of the global liquefied natural gas (LNG) market by 2030, as expanding natural gas production supports higher exports, according to Peter Clarke, Senior Vice Preside...
ExxonMobil Awards $1.1 Bn in Pre-Investment Contracts for Rovuma LNG Project
ExxonMobil has awarded about $1.1 billion worth of pre-investment contracts for certain upstream equipment for the Rovuma liquefied natural gas (LNG) Phase 1 project, a major natural gas development in the deep wate...
Egypt, ExxonMobil Launch Implementation of Cyprus Gas Tie-Back Deal
Egypt has taken the first steps toward implementing a recently signed memorandum of understanding (MoU) with ExxonMobil and QatarEnergy to study connecting the companies’ gas fields offshore Cyprus to Egypt̵... ExxonMobil Posts Highest Quarterly Profit in Four Years
ExxonMobil reported its strongest quarterly profit in four years during the second quarter (Q2) of 2026, driven by stronger crude prices and improved refining margins following geopolitical tensions in the Middle East...
ExxonMobil to Invest $1 Billion in Nigeria
ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add about 40,000 barrels per day (bbl/d) of crude oil production. ExxonMobil Nigeria Managing D...
QatarEnergy, ExxonMobil Advance Cyprus Block 10 Development
QatarEnergy has signed a commercial discovery declaration for the Glaucus and Pegasus gas fields in Block 10, offshore Cyprus, in partnership with ExxonMobil and the Government of Cyprus, according to a press release ...
