ExxonMobil | Egypt Oil & Gas - Part 3

ExxonMobil | Egypt Oil & Gas - Part 3

ExxonMobil Reports Earnings of $7.5 billion in Q3 2025

ExxonMobil reported earnings of $7.5 billion in the third quarter (Q3) of 2025 compared to $7.08 billion recorded in the second quarter (Q2) of 2025. The company stated that the improved earnings were driven by ad ...

ExxonMobil Mulls Resuming Operations in Iraq

ExxonMobil, a major energy company, is exploring the possibility of returning to operations in Iraq after nearly two years away by signing preliminary agreements to begin work on the Majnoon oil field in southern ...

SOMO Negotiates with Exxon for Storage Space in Singapore

The State Oil Marketing Organization (SOMO) revealed that it entered into negotiations with ExxonMobil seeking a deal for more storage space in Singapore, according to Iraq News Agency (INA).

ExxonMobil May Return to Sakhalin-1, Two Years After Putin’s Takeover

Russia’s President Vladimir Putin has signed a decree that could enable foreign investors, including US. ExxonMobil, to reclaim their stakes in the Sakhalin-1 oil and gas project.

ExxonMobil Begins Production from Yellowtail Project Offshore Guyana

US ExxonMobil has commenced production from Yellowtail, its fourth oil development in Guyana’s offshore Stabroek block, four months ahead of schedule. The company reported an initial average production of 250,000 ...

ExxonMobil Inks MoU for Developing Four Blocks in Libya

The National Oil Corporation (NOC), along with the major international oil company ExxonMobil, signed a new Memorandum of Understanding (MoU) after a decade of halt. Under the MoU, ExxonMobil will conduct a detail ...

ExxonMobil Signs a MOU to develop Azerbaijan’s oil and gas Resources

ExxonMobil Corporation and the State Oil Company of the Republic of Azerbaijan (SOCAR) signed a Memorandum of Understanding (MoU) to partner on enhancing Azerbaijan’s oil and gas resources. The agreement was signe ...

ExxonMobil Enters Exclusive Talks with North Atlantic for Esso Share Sale

ExxonMobil announced that it has entered exclusive negotiations with the French unit of Canadian energy group North Atlantic to sell  the  82.89 % stake Exxon owns in the French subsidiary Esso, according to Reute ...

ExxonMobil Updates Madbouly on its Current and Future Plans in Egypt

Prime Minister Mostafa Madbouly met with John Ardill, Vice President of Global Exploration at ExxonMobil, at the government headquarters in the New Administrative Capital. The meeting reviewed the status of severa ...

ExxonMobil to Invest $1.5B in Nigerian Oilfield

Nigeria’s oil regulator stated that ExxonMobil will invest $1.5 billion in developing its deepwater operations in the country.

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