ExxonMobil | Egypt Oil & Gas - Part 5

ExxonMobil Surpasses Q3 Earnings Expectations with $1.92 Per Share

ExxonMobil reported earnings of $1.92 per share for Q3 2024, surpassing analysts’ expectations of $1.88 per share. Although their year-to-date earnings decreased to $26.1 billion from $28.4 billion last year due...

ExxonMobil’s Esso Australia Completes Kipper Compression Project to Boost Natural Gas Supplies

Esso Australia, a subsidiary of ExxonMobil Australia Pty Ltd and operator of the Gippsland Basin Joint Venture has completed the Kipper Compression Project, maintaining crucial natural gas supplies for the domestic ma...

Minister Badawi and ExxonMobil Discuss New Investment Opportunities in Egypt’s Oil and Gas Sector

As part of his visit to the UK, Egyptian Minister of Petroleum and Mineral Resources Karim Badawi met with John Ardill, Vice President of International Exploration at ExxonMobil, at the company’s headquarters. The mee...

ExxonMobil Eyes Expansion in Egypt as Minister Badawi Highlights New Incentive Package

Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with John Ardill, Vice President of Global Exploration at ExxonMobil. The meeting discussed the company’s activities in Egypt and its expansi...

ADNOC Engages a Partnership with ExxonMobil to Develop Low Carbon Hydrogen Project in Texas

ADNOC has announced that it has entered into an agreement with ExxonMobil Corporation to develop a low-carbon hydrogen and ammonia production facility in Baytown, Texas. The signature ceremony was witnessed by Sheikh ...

ExxonMobil Boasts Profits of $9.2B in Q2 2024

ExxonMobil has released its second quarter results for 2024 (Q2 2024), reporting a $9.2 billion profit, compared to $7.88 billion in the same period last year. This was driven by rising oil prices and the volume gains...

ExxonMobil Partners with Air Liquide to Advance World’s Largest Low-Carbon Hydrogen Project

ExxonMobil has signed an agreement with Air Liquide to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility. The agreement entails the transportation of low-carb...

ExxonMobil Egypt Organizes Sustainable Energy Solutions, Digital Transformation Conference

ExxonMobil Egypt, in cooperation with the Ministry of Petroleum and Mineral Resources (MoPMR), the Egyptian General Petroleum Corporation (EGPC), and the owners and operators of gas stations bearing the “Mobil” brand,...

El Molla Oversees Practical Drill to Combat Pollution at Al Hamra Port

Minister of Petroleum and Mineral Resources Tarek El Molla has attended the demonstration of a practical drill to simulate an emergency response to a marine pollution crisis involving petroleum products. The practical...

QatarEnergy Acquires 40% of ExxonMobil Stakes in 2 Offshore Blocks

QatarEnergy has announced signing a farm-in agreement with ExxonMobil to acquire 40% participating interest in two exploration blocks offshore Egypt. According to the agreement, QatarEnergy is set to acquire a 40% sta...

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