Madbouly Reviews ExxonMobil’s Expansion Plans in Egypt

• Monday, 16th October 2023
• by Fatma Ahmed

Prime Minister Mostafa Madbouly has met with the Vice President of Specialty Products at ExxonMobil Loic Vivier for talks about the company’s projects and expansion plans in Egypt during the coming period. This was in...

ExxonMobil Achieves Three New Discoveries in Guyana

• Wednesday, 27th April 2022
• by Israa Ibrahim

ExxonMobil has made three additional discoveries offshore Guyana, bringing its total recoverable resource estimate for the Stabroek Block to roughly 11 billion oil-equivalent barrels. Located southeast of the Liza and...

ExxonMobil to Stop Operations in Russia

• Wednesday, 2nd March 2022
• by Fatma Ahmed

Signaling its support for the Ukrainian people, ExxonMobil announced its decision to stop its operations in Russia and that it will not invest in any more new projects there. The company said that it will exit the ope...

El Molla: New 12 Petroleum Agreements Worth $1 B

• Sunday, 21st June 2020
• by Fatma Ahmed

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the new 12 petroleum agreements  which were approved by the cabinet , are worth a minimum of $1 billion in addition to a $19 million sign...

Egypt, ExxonMobil Ink Two Agreements Worth $332 MM

• Tuesday, 28th January 2020
• by Fatma Ahmed

The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new exploration and production (E&P) agreements with ExxonMobil and the Egyptian Natural Gas Holding Company (EGAS), according to a press...

Iraq, Exxon in Talks for Multi-Billion Dollar Project

• Wednesday, 11th October 2017
• by Editorial Team

Iraq and Exxon Mobile are in the “final stages” of negotiations for a multi-billion dollar project in southern Iraq, Reuters reports. “Talks are in advanced final stages with Exxon to develop and finance the important...