Rosneft to Begin Offshore Exploration in Mozambique

• Monday, 29th May 2017
• by

Russia’s national oil company Rosneft, in a consortium with the American firm ExxonMobil, intends to commence exploration work in the offshore zone of Mozambique in the second half of 2017.

NIPCO Acquires ExxonMobil’s 60% Stake in Mobil Oil Nigeria

• Thursday, 6th April 2017
• by

NIPCO Investments Limited completed the acquisition of the 60% majority equity stake of ExxonMobil Oil Corporation in Mobil Oil Nigeria Plc.

ExxonMobil, Qatar Petroleum to Develop Cyprus’ Block 10

• Wednesday, 5th April 2017
• by Editorial Team

ExxonMobil Corporation and Qatar Petroleum agreed on acquiring 3D data and drilling two explorations wells in Block 10, offshore southwestern Cyprus.

Mozambique to Receive $350m in Taxes from Eni

• Wednesday, 22nd March 2017
• by

Mozambique will gain $350m in capital taxes from Eni after the Italian oil and gas company agreed to sell a stake in a gas field to ExxonMobil Corporation.

Bouteflika to Free Economy from Oil, Gas Dependence

• Tuesday, 14th March 2017
• by Sarah Samir

Algeria’s President, Abdelaziz Bouteflika, has urged for the independence of the country's economy from the oil and gas industry.

ExxonMobil to Buy 25% of Eni’s LNG Offshore Mozambique

• Monday, 13th March 2017
• by

ExxonMobil Corp. announced it will buy 25% of a liquefied natural gas (LNG) project off Mozambique from Italy’s Eni for about $2.8b.

Eni to Sell Stake in Mozambique Gasfield within Weeks

• Thursday, 2nd March 2017
• by

Eni announced on Wednesday that it was “within weeks” of sealing a multi-billion-dollar deal to sell a stake in its Mozambique operations, with ExxonMobil favorite to buy the asset.

Algeria Discusses Offshore Drilling Partnerships with Majors

• Wednesday, 1st March 2017
• by Editorial Team

Algeria's Sonatrach wants to start its offshore oil drilling and has begun discussions with U.S. operators ExxonMobil Corp and Anadarko, as well as Italy's Eni.

President El Sisi Inaugurated EGYPS 2017 Exhibition

• Tuesday, 14th February 2017
• by Egypt Oil & Gas

His Excellency Egypt's President Abdel Fattah El Sisi translated his support for Egypt Petroleum Show (EGYPS 2017) by personally inaugurating EGYPS Exhibition.

ExxonMobil, South Sudan in Talks over Oil Deposit

• Sunday, 12th February 2017
• by Editorial Team

The US-based ExxonMobil Corporation is in secret talks with Juba to buy a stake in South Sudan’s vast untapped oil deposit, according to a senior-level government source familiar with the negotiations.