ExxonMobil | Egypt Oil & Gas - Part 20

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, reported Reuters. Phase one of the project w...

Abu Dhabi to Combine Offshore Operations

Abu Dhabi National Oil Company (Adnoc) is combining its two largest offshore ventures, the Zakum Development Company (Zadco) and the Abu Dhabi Marine Operating Company (Adma-Opco) which is operated with partners inclu...

Qatargas to Start Ras Laffan 2 Refinery in October

Qatargas, a pioneer of liquefied natural gas (LNG) in Qatar, has delayed the start-up of its new Ras Laffan 2 (LR2) condensate splitter to October 2016, reported Trade Arabia. Qatar planned to start up the 146,000b/d ...

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. The deepwater block’s production is currently at...

ExxonMobil to Reroute Nigerian Crude

US oil giant ExxonMobil plans to export Nigerian Qua Iboe crude oil through a secondary pipeline while it repairs damage sustained by the main line in July, Reuters reported. The crude oil grade, Nigeria’s largest exp...

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 $...

Eni, Exxon to Jointly Develop Mozambique Offshore Gas Project

Italy’s oil and gas giant Eni has reached an agreement with US ExxonMobil to sell its multi-billion dollar stake in the planned offshore liquefied natural gas (LNG) development project in Mozambique, Reuters rep...

Nigeria’s Oil Production Drops

Nigerian oil production has dropped to 1.4mb/d due to attacks by armed militant groups, the Nigerian Oil Minister,  Ibe Kachikwu, declared, Argus Media reported. Nigerian output has improved to 1.75mb/d in July, up fr...

Exxon, Petrochina to Develop Iraq’s Oil Fields

ExxonMobil and Petrochina are in talks with the Iraqi government about possible solutions to boost crude production at the Nahran Oman and Artawi fields, said Iraqi Deputy Oil Minister, Fayyad Al-Nima, according to Bl...

Six Energy Giants Interested in Cyprus’ Offshore Licenses

Cypriot Energy Ministry, Georgios Lakkotrypis, has announced that ENI, Total, Statoil, Exxon Mobil, Qatar Petroleum, and Cairn are six among the eight companies that had sent their expressions of interest for earning ...

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