ExxonMobil | Egypt Oil & Gas - Part 16

Exxonmobil to Strengthen its Presence in Egypt

Exxonmobil seeks to strongly participate in exploration and production (E&P) activities in Egypt and enhance its presence in the country’s oil and gas sector as the company invests in Egypt for the first tim...

Sonatrach’s Refinery Begins Maintenance

The Algerian Sonatrach’s Augusta refinery began its maintenance operations from February 21, Reuters reported. The maintenance work will continue for 45 days. The Algerian firm purchased the refinery from ExxonMobil d...

El Molla Discusses Investments with ExxonMobil

Egyptian Petroleum Minister, Tarek El Molla, met with Bryan Mitlon, President of ExxonMobil Fuels and Lubicants Company, and Hesham El Amrosy, Chairman and Managing Director of ExxonMobil Egypt, to discuss investments...

ExxonMobil Signs LNG Framework Agreement with China’s Zhejiang

ExxonMobil signed a framework agreement with China’s Zhejiang Energy on October 18 for the Chinese firm to supply liquefied natural gas (LNG) for ExxonMobil, said Peter Clarke, president of ExxonMobil gas and po...

ExxonMobil, Qatar Petroleum Awarded Exploration Rights in Offshore Brazil Block

ExxonMobil and Qatar Petroleum have been awarded exploration rights in Brazil’s offshore Titã block, according to a company press release. Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (A...

Qatargas Signs 22-Year Deal to Supply LNG to China

Qatargas announced on September 10 that it agreed a 22-year liquefied natural gas (LNG) supply deal with China for the shipment of 3.4 million tons of LNG per year, Reuters reported. The Qatargas 2 project-venture bet...

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, Pipeline Oil and Gas Magazine reported. Sau...

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, United Press International (UPI) reported. Vaca Muerta contains roughly 16 mi...

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, Reuters reporte...

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, the Iraqi Oil Minister, Jabar El Luaibi, said, according to Reuters. The cost of the project ...

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