ExxonMobil | Egypt Oil & Gas - Part 15

Shell, ExxonMobil to Return to Somalia

Royal Dutch Shell and ExxonMobil are considering a return to Somalia ahead of an oil block bid round later this year, Reuters reported. The Somali Ministry of Petroleum revealed that an agreement was signed in Amsterd...

Iraq’s West Qurna 1 Raises Production to 465,000 b/d

Iraq’s giant West Qurna 1 oilfield has reached a production capacity of around 465,000 barrels per day (b/d), up from 440,000 b/d, according to Iraqi oil officials, Reuters reported. The rise in production is attribut...

SABIC, ExxonMobil to Construct Petrochemical Plant in Texas

Saudi Basic Industries Corporation (SABIC) and ExxonMobil will jointly construct a petrochemical facility, including a 1.8 million metric ton ethane steam cracker in Texas, Zaywa reported. “Building the world’s larges...

SABIC Gets Nod for ExxonMobil Petrochemical Project

Saudi Basic Industries Corporation (SABIC) has obtained the needed regulatory approvals, including environmental permits, to establish a petrochemical joint venture (JV) project with ExxonMobil in the US Gulf Coast. S...

Iraq to Boost West Qurna 1 Oilfield Production

Iraq plans to increase the production capacity of West Qurna 1 oilfield to 490,000 barrels per day (b/d) in the “next few days,” according to a senior Iraqi official, Reuters reported. The oilfield which is developed ...

ExxonMobil Evacuates its Foreign Staff from Iraq

ExxonMobil has evacuated its foreign staff of 60 people, from the Iraqi West Qurna 1 oilfield to Dubai, according to industry sources, Reuters reported. “The foreign engineers will provide advice and perform their dut...

ADNOC, ExxonMobil to Explore Collaboration Opportunities

The Abu Dhabi National Oil Company (ADNOC)’s CEO and UAE Minister of State, Sultan Ahmed Al Jaber, met ExxonMobil’s CEO, Darren Woods, to discuss new collaboration opportunities in the upstream and downstream sectors,...

Iraq to Sign Energy Agreement with ExxonMobil, PetroChina

Iraq is expected to sign a $53 billion energy agreement with ExxonMobil and PetroChina, Reuters reported. The mega-project involves developing the Nahr Bin Umar and Artawi oilfields to increase their production to 500...

Qatar Petroleum Wins Exploration Rights in Argentina

Qatar Petroleum has won exploration rights in five offshore blocks in Argentina, Reuters reported. The company won the exploration rights as part of two consortia. The first consortium, for exploring three blocks, inc...

ExxonMobil, Algeria Delay Gas Field Development

ExxonMobil and Algeria’s national company, Sonatrach, hindered their discussion to develop Algeria’s natural gas field as a wave of unrest takes over the country, industry sources said, Reuters reported. The talks bet...

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