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NEWS |
Ampelmann passes 10,000 safe people transfers for MPN in Nigeria
Ampelmann, the Netherlands-based offshore access provider, has passed a new milestone: more than 10,000 safe personnel transfers for Mobil Production Nigeria (MPN), the local entity of ExxonMobil.
NEWS |
Equinor and partners fully align interests in the Carcará oil discovery in Brazil
Equinor and Barra Energia (“Barra”) have completed their transaction announced on 4 July 2018, whereby Equinor has acquired Barra's 10% interest in the BM-S-8 block in Brazil's Santos basin for a tota (...)
NEWS |
Rocket Strikes Foreign Oil Firms Site in Basra
Two Iraqi workers were injured on Wednesday when a rocket struck a residential and operations headquarters of several global major oil companies, including US giant ExxonMobil, near Iraq’s southern ci (...)
NEWS |
ExxonMobil to go ahead with expansion project in Vaca Muerta Basin, Argentina
ExxonMobil has decided to move ahead with the long-term development of Bajo del Choique-La Invernada block in Vaca Muerta Basin, Argentina.
NEWS |
ExxonMobil to redevelop Block 15 offshore Angola
US-based energy company ExxonMobil, along with its partners, has unveiled plans to redevelop Block 15 offshore Angola in a bid to increase production.
NEWS |
Eni acquires rights in three new exploration licenses in Mozambique
Italian oil and gas company Eni announced that its subsidiary Eni Mozambico, has acquired rights to explore and develop offshore blocks A5-B, Z5-C and Z5-D, located in the deep waters of Angoche and Z (...)
NEWS |
Central Scotland firm appointed to ExxonMobil jetty life extension project
A West Lothian firm has been awarded a major contract that will help extend the life of the ExxonMobil jetty facility at Braefoot Bay Marine Terminal in Fife.
NEWS |
Guyana investigating offshore leases controlled by Exxon, Tullow
Guyana’s anti-corruption agency is investigating how exploration rights were awarded in the world’s biggest new deepwater oil region, including those now controlled by Exxon Mobil and Tullow Oil.
NEWS |
Exxon Mobil Evacuates Foreign Staff from Iraq’s West Qurna Oilfield
Exxon Mobil has evacuated all of its foreign staff from Iraq's West Qurna 1 oilfield and is flying them out to Dubai, three sources told Reuters on Saturday.
NEWS |
ExxonMobil's Gulf of Mexico sale draws interest from Repsol, Ineos
ExxonMobil Corp. has drawn interest from Repsol SA and closely held U.K. petrochemical company Ineos Group Holdings in a package of oil fields it's selling in the Gulf of Mexico, according to people f (...)
NEWS |
Chevron’s $33 Billion Deal for Anadarko Sets Up More Shale Mergers, Expands Gulf Drilling
Chevron agreed to buy Anadarko, one of the largest independent producers in the U.S., in a cash-and-stock deal valued at $33 billion.
NEWS |
ExxonMobil signs deal to explore 28,000 sq km in offshore Namibia
ExxonMobil has signed a deal for new oil and gas exploration across 28,000 square kilometres in Namibia.
NEWS |
Exxon, Chevron first-quarter earnings expected to dip from last year
Exxon Mobil and Chevron are expected to report lower quarterly earnings per share when compared with last year’s first quarter, though their stocks have outperformed smaller companies with both in the (...)
NEWS |
ExxonMobil agrees 20-year LNG deal with China's Zhejiang Energy
Exxon Mobil Corp said it has signed a 20-year agreement to supply liquefied natural gas (LNG) to China’s Zhejiang Energy, as the U.S. oil and gas giant steps up marketing of the fuel in China, the wor (...)
NEWS |
Exxon Mobil, Hess announce 13th Guyana discovery
Exxon Mobil said Thursday it made its 13th oil discovery offshore of Guyana, increasing its rapidly rising tally of finds near the tiny South American nation.
NEWS |
Chevron and Exxon Say They Can Turn Around the Failed Finances of Fracking Industry
The oil majors — a group of multinational companies that typically have divisions throughout the oil supply chain — now are investing heavily in fracked oil and gas operations.
NEWS |
Argentina offshore round attracts US$1bn in bids
Some 18 of the 38 areas offered in Argentina's first ever offshore round launched in November received bids to conduct exploration by 13 companies for total investments of US$995mn.
NEWS |
Chevron deal makes it oil ‘ultramajor’
Chevron Corp agreed to buy Anadarko Petroleum Corp in a US$33 billion deal that adds US shale oil and African liquefied natural gas (LNG), and puts it in the top ranks of the world’s largest energy co (...)
NEWS |
Saudi Aramco lifts the lid
Thee national oil company of Saudi Arabia and largest oil company in the world, Saudi Aramco produces around 13 percent of the world’s oil, but its business operations have been notoriously opaque for (...)
NEWS |
ExxonMobil expects earnings to jump 140% by 2025
Oil supermajor ExxonMobil said Wednesday it expects annual earnings potential to increase by more than 140% by 2025 from 2017 adjusted earnings, assuming $60 a barrel oil, and based on 2017 margins.
NEWS |
Exxon to boost its top US shale oilfield output five fold
Oil major says Permian Basin production will rise to 1 million barrels of oil and gas per day as early as 2024 - from 600,000 by 2025 estimated previously
NEWS |
UPDATE 2-Exxon Mobil finds Cyprus's largest gas discovery to date
Exxon Mobil Corp has discovered natural gas off the coast of Cyprus, a find authorities said was the biggest off the Mediterranean island since it started drilling for gas in 2011.
NEWS |
Turkish Ships To Start Drilling For Oil, Gas Offshore North Cyprus
Turkish exploration ships will soon start drilling for oil and gas offshore the northern part of Cyprus.
NEWS |
ExxonMobil makes two more discoveries in Guyana’s Stabroek Block
ExxonMobil and Hess have made two more discoveries in the Stabroek Block following the drilling of the Tilapia and Haimara prospects in the southeastern part of the offshore Guyanese block.
NEWS |
Majors eyeing lucrative plays outside the Gulf of Mexico
ExxonMobil isn’t alone among majors in turning its gaze from the US Gulf of Mexico to significant deep-water and onshore shale opportunities elsewhere
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