ExxonMobil | Egypt Oil & Gas - Part 8
Four Oil Giants Halt Legal Action Against Nigeria’s NNPC
Four major oil giants, ExxonMobil, Shell, Chevron, and Equinor, have agreed to end their lawsuits that collectively attempted to enforce multibillion dollar arbitration awards against a Nigerian state-owned oil compan...
Europe Could Face More Russian Oil, Gas Cuts Due to Pipeline Damage
Europe may have to brace more cuts in energy supplies as oil exports from Kazakhstan through Russia drop once more due to a damaged pipeline system, Reuters reported. CPC, which transports oil from Kazakhstan to inter...
Eni Announces Major Gas Discovery Offshore Cyprus
Eni announced that it has made a significant gas discovery in the Cronos-1 well, which was drilled in Block 6 in 2,287 meters of water depth, 160 kilometers off the coast of Cyprus. Eni Cyprus, the operator of The Blo... Nigeria’s Buhari Approves Seplat’s Purchase of ExxonMobil’s Nigeria Unit
According to a statement released by the Nigerian government, Nigeria’s President Muhammadu Buhari has approved Seplat’s purchase of ExxonMobil’s Nigerian subsidiary, Reuters reported.
ExxonMobil to Expand Investments in Egypt
Minister of Petroleum and Mineral Resources Tarek El Molla has met a delegation from ExxonMobil chaired by Hugo Detré, the company’s EAME Retail Sales and Marketing Manager, to discuss the expansion and developm...
ExxonMobil Egypt Praises Enactus Egypt’s Champion
ExxonMobil Egypt proudly joined the final round of Enactus Egypt’s annual national competition, bringing together 1,200 students. Ain Shams University Enactus team is the national champion of this competition with an ...
ExxonMobil Makes New Discoveries Offshore Guyana
ExxonMobil announced two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this yea...
ExxonMobil, CNOOC, Shell Sign MoU to Pursue CCS Hub in China
A memorandum of understanding (MoU) has been signed between ExxonMobil, Shell, CNOOC, and the Guangdong Provincial Development & Reform Commission to evaluate the potential of a world-scale carbon capture and stor... 
