ExxonMobil | Egypt Oil & Gas - Part 14
ExxonMobil to Defer Employer Match to Savings Plans
ExxonMobil announced that it would defer the employer match to retirement savings plans starting from October 2020, according to Reuters. The company referred this decision to the current business environment which pu...
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, according to a press release. Linda Aase, executive vice...
ExxonMobil’s Steve Greenlee Retires After 38 Years of Service
President of ExxonMobil Upstream Business Development Company, Steve Greenlee, has decided to retire after serving the company for 38 years, a press release has announced. The board of directors at ExxonMobil have ap...
Qatar Petroleum Sells Three Cargoes of Al Shaheen Crude
Qatar Petroleum has announced that it sold another three cargoes of al-Shaheen crude by posting a tender at a cost of 85-90 cents per barrel above Dubai quotas, traders said to Reuters. The traders said that this deal...
Tharwa Petroleum to Drill Seven Wells in 2020
The Chairman of Tharwa Petroleum Company, Amr Elleithy, said that the company is planning to drill seven exploratory and developmental wells during 2020, noting that it seeks to obtain six concessions areas and cooper...
ExxonMobil Acquires Offshore Exploration Blocks in Egypt
ExxonMobil announced that it acquired more than 1.7 million acres for exploration offshore operations in Egypt and the operations are scheduled to begin in 2020, according to a statement by the company. The company ad... ExxonMobil Invests $6.5 B in UAE’s Upper Zakum
President and UAE Lead Country Manager of Exxon (Al-Khalij) Inc. Christian G. Lenoble announced that ExxonMobil has invested around $6.5 billion in Upper Zakum oilfield since its involvement in the offshore field in 2...
Qatar Petroleum, ExxonMobil Agree Five-Year Deal in Singapore
Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP) announced that it has reached a five-year sale agreement with ExxonMobil Trading Asia Pacific (EXTAP), a division of ExxonMobil Asia Pacific based in ...
