ExxonMobil | Egypt Oil & Gas - Part 3
ExxonMobil Joins Energean, HELLENiQ ENERGY in Ionian Sea Block 2 Through New Farm-In Deal
ExxonMobil, Energean, and HELLENiQ ENERGY Upstream have announced a Farm-In Agreement under which ExxonMobil will acquire a participation interest in the Block 2 concession, located in the northwestern Ionian Sea, nea...
ExxonMobil Expands Gas Exploration in Egypt with New Concession West of Zohr Field
ExxonMobil has signed a Letter of Intent (LOI) with the Egyptian Natural Gas Holding Company (EGAS) to expand the former’s natural gas exploration activities in the Mediterranean Sea, marking a new chapter in th... 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 advant...
ExxonMobil Mulls Resuming Operations in Iraq
ExxonMobil, an American energy giant, is exploring the possibility of returning to operations in Iraq after nearly two years’ hiatus by signing preliminary agreements to begin work on the Majnoon oil field in so...
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). It added that the negotia...
ExxonMobil May Return to Sakhalin-1, Two Years After Putin’s Takeover
Russia’s President Vladimir Putin has signed a decree that enables foreign investors, including US. ExxonMobil, to reclaim its stake in the Sakhalin-1 oil and gas project, Reuters reported. Sakhalin-1 is a major oil a...
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 barr...
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 detailed t...
