ExxonMobil | Egypt Oil & Gas - Part 13

ExxonMobil | Egypt Oil & Gas - Part 13

Exxon to Spend $16- $19 billion on Investments in 2021

ExxonMobil announced in its business plan that it expects to spend $16-$19 billion in capital and exploration investments during 2021 in addition to $20 to $25 billion annually through 2025 to continue its investm ...

El Molla: Cooperation Essential to Secure Energy’s Future

Cooperation between countries is a must to overcome the Covid-19 pandemic and its repercussions on the energy future to secure energy needs, Tarek El Molla, Minister of Petroleum and Mineral Resources, stated duri ...

ExxonMobil to Develop Payara Field Offshore Guyana 

ExxonMobil has come to a final investment decision (FID) to proceed with developing the Payara field offshore project after receiving approval from the government.

MoP, EOG-CSR Offer Second Batch of Anti-Coronavirus Aid Supply to Medical Community

The Ministry of Petroleum and Mineral Resources, and Egypt Oil & Gas (EOG) Technical Committee through its Corporate Social Responsibility (CSR) subcommittee have sent the second batch of medical equipment today, ...

ExxonMobil Makes 18th Discovery Offshore Guyana

American supermajor, ExxonMobil, has announced the discovery at the Redtail-1 well which will add to the previously estimated recoverable resource of more than 8 billion barrels of oil equivalent (bbboe) on the St ...

ExxonMobil Presses for Approval for Guyana Project

America’s supermajor, ExxonMobil Corporation, is putting pressure on the newly-installed Guyanese government to ratify the company’s third oil project in the Stabroek Block, which has been delayed due to political ...

ExxonMobil, Global Clean Energy Invest in Renewable Diesel

ExxonMobil and Global Clean Energy pen a contract agreeing to purchase 2.5 million barrels (mmbbl) of renewable diesel per annum for the coming five years.

MoP, EOG-CSR Subcommittee Support Medical Community Against COVID-19

To support the medical community amid the coronavirus (COVID-19) outbreak, the Ministry of Petroleum and Mineral Resources, and Egypt Oil & Gas (EOG) Technical Committee through its Corporate Social Responsibility ...

ExxonMobil to Defer Employer Match to Savings Plans

ExxonMobil Company announced that it would hang the employer match to retirement savings plans starting from October 2020.

Aker Solutions Extends EPC Contract in Canada

Aker Solutions has been awarded a five-year engineering, procurement, and construction (EPC) contract extension by ExxonMobil for the Hebron platform in Canada.

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