ExxonMobil | Egypt Oil & Gas - Part 16
Nigeria Discovered Offshore Oil Field
ExxonMobil Corporation announced a significant discovery with a potential recoverable resource of between 500m and 1b barrels of oil on the Owowo field offshore Nigeria.
ExxonMobil to Exit Nigeria’s Downstream
ExxonMobil plans to sell 60% of its equity in Mobil Oil Nigeria Plc (MON) to Nipco Investments Limited, a wholly-owned subsidiary of Nipco Plc.
Pipeline Leak Delayed Qatar Gas Project
Qatar delayed the start-up of its $10B Barzan Gas project, which is a RasGas-operated joint venture between Qatar Petroleum and ExxonMobil, due to a leak in a gas pipeline.
Abu Dhabi to Combine Offshore Operations
Abu Dhabi National Oil Company is combining its two largest offshore ventures, the Zakum Development Company (Zadco) and the Abu Dhabi Marine Operating Company (Adma-Opco).
Qatargas to Start Ras Laffan 2 Refinery in October
Qatargas pioneered the liquefied natural gas (LNG) industry in Qatar, has delayed the start-up of its new Ras Laffan 2 (LR2) condensate splitter to October 2016.
Angola’s Block 15 Produced 2b Barrels of Oil
Angolan state oil company, Sonangol, declared that the accumulated output from Block 15 offshore oil concession has reached 2b barrels since production started in 2003.
ExxonMobil to Reroute Nigerian Crude
US oil giant ExxonMobil plans to export Qua Iboe crude oil through a secondary pipeline while it repairs damaged of the main line sustained in July.
Eni Plans to Sell 20% of Zohr Field
Italy's Eni plans to sell at least a 20% stake in Zohr field in Egypt to different oil companies including Russian Lukoil, US ExxonMobil, French Total, and UK's British Petroleum in order to raise around $5.5b from a ...
