ExxonMobil | Egypt Oil & Gas - Part 9

ExxonMobil Enters Deal to Join Qatar’s Mega-LNG Expansion Project

Following agreements with TotalEnergies, Eni, and ConocoPhillips, Qatar Energy announced on Tuesday that it had signed a contract with ExxonMobil for the Gulf state’s North Field East expansion. North Field East...

ExxonMobil Focuses on Higher-Value Lubricants, Cleaner Fuels for Singapore Project

As part of its Singapore Resid Upgrade Project and as demand for cleaner fuels and distillates is growing, ExxonMobil will upgrade its residual production into higher-value lubricant base stocks and cleaner fuels. As ...

ExxonMobil CEO Expects That Energy Market Volatility Will Take Time to End

In a recent interview, ExxonMobil CEO Darren Woods said he expects the oil market to remain tight for three to five years. In a panel discussion at the Bloomberg Qatar Economic Forum in Doha, Woods said the company ha...

Neptune Energy, ExxonMobil, Rosewood, EBN to Work Together on L10 Carbon Capture and Storage

A cooperation agreement has been signed between Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. to progress the L10 large-scale offshore carbon capture and ...

ExxonMobil Shares Its Strategy to Grow Shareholder Value

By delivering solutions that help meet global energy needs and reduce greenhouse gas emissions, ExxonMobil plans to grow shareholder value. At the annual meeting of shareholders, Darren Woods, chairman and chief execu...

Equinor, ExxonMobil to Expand Production in BrazilĀ 

Equinor SA and Exxon Mobil Corp announced that they have taken the first steps to expand thier oil development in Brazil with costs $8 billion, Equinor told Reuters. The two companies want to boost future production f...

ExxonMobil, Petramina Join Forces in Carbon Capture and Storage

ExxonMobil and Indonesia’s state-owned energy company Pertamina have signed a joint study agreement to assess the potential for large-scale implementation of lower-emission technologies, such as carbon capture a...

ExxonMobil Suspends Russian Far East LNG Project

ExxonMobil has suspended its liquefied natural gas project in Russia’s Far East after the company announced plans to leave the country following Western sanctions, Interfax news agency quoted a Russian governor ...

ExxonMobil’s Fourth Project in Guyana Receives Approval

ExxonMobil is set to start work on its fourth project in Guyana, which got approval from the South American country’s Environmental Protection Agency, ReutersĀ reported. ExxonMobil will now have the required cons...

QatarEnergy to Acquire 40% of Offshore Block in Egypt

QatarEnergy entered an agreement with ExxonMobil to obtain a 40% working interest in an offshore exploration block in Egypt. The agreement is pending governmental customary approval. According to the agreement,Ā QatarE...

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