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NEWS |
Global oil and gas discoveries reach four-year high in 2019, boosted by ExxonMobil’s Guyana success
The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy...
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Weekly Oil, Gas and Energy Review
Weekly Oil, Gas and Energy Review: OGV Energy
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Exxon expands Eastern Mediterranean offshore holdings
ExxonMobil has secured more than 1.7 million acres for exploration offshore Egypt.
NEWS |
Top upstream companies in predictive maintenance in oil and gas, revealed by GlobalData
Several companies in the oil and gas industry, including Shell, ExxonMobil and BP, are using predictive maintenance to evaluate the condition of their operational equipment and predict maintenance req (...)
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Exclusive: Exxon steps up assets sales with sweeping $25 bln plan -sources
Exxon Mobil is accelerating its biggest asset sales in decades with plans to divest up to $25 billion (£19 billion) of oil and gas fields in Europe, Asia and Africa as it sharpens its focus on a handf (...)
NEWS |
SBM Offshore awarded FEED contracts for ExxonMobil FPSO in Guyana
ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded SBM Offshore contracts to perform FEED work for a FPSO for the Payara development project located in the Stabro (...)
NEWS |
Oil and gas discovery in the North Sea
Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea. Recoverable resources are estimated at (...)
NEWS |
ONGC and ExxonMobil sign MoU for development of offshore resources
India's Oil and Natural Gas Corporation (ONGC) Ltd has signed a memorandum of understanding (MoU) with ExxonMobil. The MoU will enable the two petroleum companies to undertake joint technical studies (...)
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WoodMac Bullish on Exxon Permian Growth Campaign
Wood Mackenzie has revealed that it is bullish on ExxonMobil’s Permian growth campaign.
NEWS |
ExxonMobil to sell Norwegian upstream assets to Vår Energi for £3.6bn
US oil and gas giant ExxonMobil has agreed to offload its non-operated upstream assets in Norway, comprising more than 20 producing fields, to Vår Energi for $4.5bn (£3.65bn).
NEWS |
Bilfinger awarded seven-year ExxonMobil maintenance contract
Bilfinger UK has secured a seven-year contract with ExxonMobil Chemical to provide preventative maintenance at its Fife Ethylene Plant (FEP).
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Exxon puts $15 billion of global assets up for sale
Exxon Mobil Corp. is again trying to sell its oil and gas operations in southeast Australia as part of a move to shed assets and boost shareholder returns.
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Exxon Agrees To $4 Billion Sale Of 20 Oil And Gas Assets In Norway
Exxon has agreed to sell off its oil and gas assets in Norway in a $4 billion deal, Reuters sources familiar with the matter said on Thursday, in what will mark an end to its long presence in Norway’s (...)
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Exxon says production shut at Hibernia oil platform after power outage
Exxon Mobil Corp on Monday said production at its Hibernia oil platform in Canada was shut down after a temporary loss of power on Saturday.
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Exxon says Canada's Hibernia oil platform resumes production
Exxon Mobil Corp said production has resumed at Canada's Hibernia oil platform on Thursday after a spill in mid-July.
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Exxon eyes UK North Sea exit after 50-year presence - sources
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.
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Iraq says Eni, BP deal doesn't mean Exxon excluded from southern mega-project
Iraq's oil ministry said on Saturday that it was still in talks with U.S. energy giant ExxonMobil over a major deal to improve the country's southern oil infrastructure.
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Negotiations with Exxon for Basra mega-project still on, says Iraqi oil ministry
Iraq is not ruling out US oil major Exxon Mobil from participating in a $53 billion (Dh194bn) 30-year mega project to develop the country’s southern energy infrastructure, the oil ministry said on Sat (...)
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Eco Atlantic Oil & Gas share price doubles on major oil discovery offshore Guyana
Eco's Jethro exploration well has confirmed the massive discoveries made next-door by Exxon continue into its 15% Stabroek acreage.
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EthosEnergy takes over O&M of Louisiana cogeneration facility for ExxonMobil
EthosEnergy has taken over operations and maintenance of the Louisiana Station power plant for ExxonMobil, a combined cycle cogeneration facility that supplies power and steam to their adjacent integr (...)
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ExxonMobil to pull out of Romanian offshore gas project
U.S. oil group ExxonMobil has sent a letter informing interested parties about its intention to exit the Neptun Deep offshore gas project in Romania.
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Exxon, Chevron move to dominate Permian as smaller players pull back
Exxon Mobil and Chevron are keeping their promises to dominate the Permian Basin, rapidly ramping up production as smaller companies contend with declining drilling activity, muted oil prices and a sk (...)
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Five exploratory and five appraisal wells to be drilled in next two years
Five exploratory and five appraisal wells will be drilled in the next two years in offshore concessions inside Cyprus’ exclusive economic zone (EEZ), Energy Minister Giorgos Lakkotrypis said on Wednes (...)
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W&T Offshore to acquire stakes in ExxonMobil’s assets in Gulf of Mexico
Independent producer W&T Offshore has signed an agreement with ExxonMobil to acquire its stakes in oil and gas producing properties in the Gulf of Mexico (GOM), for $200m (€175.9m).
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ExxonMobil, Total sign gas, oil exploration deal with Greece
Greece today awarded licenses to ExxonMobil and Total to search for hydrocarbons off the island of Crete, marking the country’s first major foray into an oil and gas search in the region.
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