ExxonMobil | Egypt Oil & Gas

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 liquefies natural gas (LNG) ‌Phase 1 project, a major natural gas development in the deep ...

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 discoveries offshore Cyprus to Egypt's ...

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 ...

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 Managi ...

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.

Egypt, ExxonMobil, QatarEnergy Partner on Cypriot Gas Link

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a memorandum of understanding (MoU) between the Ministry of Petroleum and Mineral Resources (MoPMR), ExxonMobil, and partner QatarEnergy to maxmize ...

ExxonMobil Eyes Expanded Lubricants and Synthetic Greases Investments in Egypt

Minister of Petroleum and Mineral Resources, Karim Badawi, met with Dan Moore, Global Vice President of Lubricants at ExxonMobil, to discuss means of strengthening cooperation with the US oil and gas giant in the ...

ExxonMobil Reports Earnings of $6.5 Bn in Q4 2025

ExxonMobil reported full-year 2025 earnings of $28.8 billion, according to the company’s latest financial results. This figure represents a decline from the $33.7 billion recorded in the previous year. For the fou ...

ExxonMobil, Chevron Signal Interest in Venezuela Amid Sanctions Easing

US energy majors ExxonMobil and Chevron have expressed tentative interest in re-engaging with Venezuela’s petroleum sector following the easing of US sanctions, provided that the country establishes robust legal a ...

EGAS Reviews Exploration Activities with Arcius, ExxonMobil, QatarEnergy

The Egyptian Natural Gas Holding Company (EGAS) is accelerating offshore gas development through technical studies on undeveloped Mediterranean discoveries while advancing exploration programs through meetings wit ...

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