ExxonMobil | Egypt Oil & Gas - Part 12

Qatargas Signs 22-Year Deal to Supply LNG to China

Qatargas announced on September 10 that it agreed a 22-year supply deal with China for the shipment of 3.4 million tons of liquefied natural gas (LNG) per year.

Saipem Wins $800 M in Contracts

Italian oil and gas contractor Saipem has won contracts worth approximately $800 million in total for engineering and construction in Saudi Arabia, Iraq and other countries.

Qatar Petroleum Buys Stake in Argentina Shale Reserve

State-owned Qatar Petroleum has acquired a 30% equity stake in the Vaca Muerta shale basin in Argentina after an agreement with ExxonMobil.

Sonatrach Expands its Petrochemical Ventures

Algerian state-run energy company Sonatrach is making acquisitions to increase its petrochemicals business with the view of reducing the north African country's fuel imports and boosting revenue.

Exxon Mobil, Iraq Negotiating Production Project

Exxon Mobil and Iraq are still negotiating a proposed project to enhance production from some of Iraq’s southern oilfields.

ExxonMobile Exploring Investment Opportunities

ExxonMobil is meeting with the Ministry of Petroleum and Mineral Resources to explore investment opportunities in Egypt.

ExxonMobil Mulls Egypt’s Upstream Sector

Exxon Mobil officials are in talks with the Egyptian Ministry of Petroleum and Mineral Resources in order to invest in the country's oil and gas upstream sector.

Equatorial Guinea, ExxonMobil Sign Production-Sharing Deal

US oil major ExxonMobil has signed a production-sharing contract with Equatorial Guinea for offshore block EG-11.

Rosneft to Begin Offshore Exploration in Mozambique

Russia’s national oil company Rosneft, in a consortium with the American firm ExxonMobil, intends to commence exploration work in the offshore zone of Mozambique in the second half of 2017.

NIPCO Acquires ExxonMobil’s 60% Stake in Mobil Oil Nigeria

NIPCO Investments Limited completed the acquisition of the 60% majority equity stake of ExxonMobil Oil Corporation in Mobil Oil Nigeria Plc.

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