ExxonMobil | Egypt Oil & Gas - Part 11

ExxonMobil Strikes Oil in Uaru-2 Well

ExxonMobil made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana, according to ExxonMobil’s press release.

ExxonMobil to develop Fracking Pilot Project in Colombia

ExxonMobil’s plan to develop a pilot project for hydraulic fracturing, known as fracking, in the Valle Medio del Magdalena basin in Colombia has been provisionally approved by Colombia authority, according to Reut ...

ExxonMobil, Porsche Test Lower-Carbon Fuel

ExxonMobil and Porsche has begun testing advanced biofuels, renewable, and lower- carbon efuels as part of a new agreement to find if they can be adopted by consumers in the future, according to a press release is ...

EOG Hosts First Female Empowerment Webinar

In celebration of Women’s History Month and to recognize the remarkable milestones women had reached in the oil and gas industry, Egypt Oil & Gas (EOG) Committee hosted the first female empowerment webinar ‘She is ...

Iraqi Cabinet Approves Tender for Drilling 96 Wells

The Iraqi Cabinet has approved the recommendation of the Ministerial Council for Energy for conducting a tender to drill 96 oil wells in Basra.

San Misr Revenues Increase 30% in 2020

The Egyptian Maintenance Company (San Masr) achieved a growth rate of EGP 6.6 billion, an increase of 30% over 2019, Mohamed Shimy, Chairman of the company, stated during San Misr’s general assembly.

ExxonMobil Acquires Offshore Exploration Concession in Egypt

ExxonMobil Egypt (Upstream), in cooperation with Tharwa Petroleum Company, signed an agreement with the Egyptian Natural Gas Holding Company (EGAS) to acquire a concession covering more than 4,000 km2 in the Star ...

El Molla Signs 9 New Oil and Gas Agreements Worth More than $1B

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has signed 9 new agreements worth more than $1 billion for drilling 17 new exploration wells to search for petroleum and natural gas in Mediterranea ...

Exxon Studies Investing about $240 M in Baton Rouge Refinery

Louisiana Governor, John Bel Edwards, stated that ExxonMobil Company is studying to invest more than $240 million from Baton Rouge refinery, from which it is producing 517,700 barrels per day (b/d).

ExxonMobil Announces New Emission Reduction Plan

ExxonMobil announced a new plan for reducing greenhouse gas emissions by 15-20% in addition to methane intensity by 40-50% and flaring gas by 35-45% by 2025.

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