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NEWS | ONGC signs HoA with ExxonMobil for deepwater exploration in India

India’s Oil and Natural Gas Corporation (ONGC) has entered into a head of agreement (HoA) with ExxonMobil to conduct deepwater exploration in the eastern and western coasts of the country.

NEWS | Subsea 7 and Van Oord consortium awarded contract offshore Guyana

Subsea 7 and Van Oord today announced the award of a substantial1 contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the Gas to Energy project offshore Guyana, (...)

NEWS | Colombian oil, gas loom big

As the United States' fourth-leading oil importer behind Canada, Mexico and Saudi Arabia, Colombia will keep growing in importance as major American oil and natural gas companies develop their interes (...)

NEWS | ExxonMobil to sell Barnett Shale assets for $750 million

IRVING, Texas – ExxonMobil said today it signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million with addi (...)

NEWS | NNPC Blocks Exxon Mobil’s Asset Sale To Seplat

The Exxon Mobil Corporation has been blocked from selling its assets in Nigeria to Seplat Energy Plc, following a case filed by the Nigerian National Petroleum Company Limited.

NEWS | Neptune Energy, ExxonMobil, Rosewood and EBN to cooperate on L10 Carbon Capture and Storage

Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. today announced the signing of a Cooperation Agreement to progress the L10 large-scale offs (...)

NEWS | ExxonMobil and QatarEnergy ink North Field East LNG deal

Qatar’s state-owned oil and gas company QatarEnergy has selected U.S. energy major ExxonMobil as a partner in its large North Field East LNG expansion project.

NEWS | Iraq’s Basra Oil Acquires ExxonMobil’s Stake in West Qurna 1

The Iraqi government has agreed to buy out ExxonMobil’s 32.7% stake in the southern West Qurna 1 oil field, with state-owned Basra Oil Company acquiring the largest share in what is touted as one of t (...)

NEWS | ExxonMobil and Imperial Oil to sell Canadian oil and gas assets for $1.47bn

ExxonMobil’s Canadian affiliates, namely Imperial Oil and ExxonMobil Canada, have agreed to sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Resources in an all-cash deal (...)

NEWS | Exxon and Total Poised to Win Stakes in Giant Qatari Gas Project

Exxon Mobil Corp. and TotalEnergies SE are among a group of Western energy companies poised to win stakes in a multi-billion dollar project to boost Qatar’s gas exports, people with knowledge of the m (...)

NEWS | Shell to acquire Exxon’s concession offshore Egypt

Shell, through its subsidiary BG International, has agreed to acquire a 100% stake in the North East El-Amriya offshore area in Egypt, also known as block three, from ExxonMobil Egypt.

NEWS | ExxonMobil to sell Barnett Shale gas assets in Texas to BKV for $750m

ExxonMobil has agreed to sell its operated and non-operated gas assets in the Barnett Shale region in North Texas to subsidiaries of Colorado-based BKV for $750m.

NEWS | ExxonMobil Selling Shale Assets for $750MM

ExxonMobil has announced that it has signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million.

NEWS | ExxonMobil digs up three more oil discoveries in Guyanese waters

The three discoveries are located southeast of the Liza and Payara developments and bring to five the discoveries made by ExxonMobil in Guyana in 2022.

NEWS | ExxonMobil drills dry hole offshore Brazil

ExxonMobil Corp. drilled a dry hole at the Cutthroat-1 exploration well in Sergipe-Alagoas basin, offshore Brazil, according to a press release by partner Enauta Participações SA.

NEWS | Exxon Mobil's Recovery Still Has Ways To Go

Less than 2 years after trading at unprecedented prices, crude oil is running on the other side of the boat – reaching the highs unseen since 2008. Unsurprisingly, both events had an external catalyst (...)

NEWS | ExxonMobil, BHP to invest $291m to further develop Kipper gas field

ExxonMobil’s subsidiary Esso Australia has made a final investment decision (FID) to develop additional gas from the Kipper field in the offshore part of the Gippsland Basin in Australia with an estim (...)

NEWS | ExxonMobil signs deal for the development of gas field in Papua New Guinea

ExxonMobil’s subsidiary Esso PNG P’nyang and its partners have signed an agreement with the Papua New Guinea government for the development of the P’nyang LNG project.

NEWS | Exxon to shut down oil production in Russia after Ukraine attack

Exxon Mobil Corp. said it is halting operations at a multibillion-dollar oil and gas project in Russia and will make no further investments in the country following its attack on Ukraine.

NEWS | Exxon Moving Headquarters To Houston As Part Of Restructuring Plan

U.S. energy supermajor ExxonMobil has announced it would be moving its headquarters from Irving, Texas, to a campus north of Houston as part of a larger restructuring of its business lines.

NEWS | EXCLUSIVE Brazil has oil. Exxon can't seem to find it

Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as key to its future.

NEWS | ExxonMobil, Qatar Petroleum begin drilling in Cyprus’ block 10

ExxonMobil and partner Qatar Petroleum on Tuesday began drilling in Cyprus’ offshore block 10, the country’s Ministry of Energy, Commerce and Industry has announced.

NEWS | NEO Energy gains access to key North Sea hubs after closing ExxonMobil deal

HitecVision-backed UK player NEO Energy has finally completed the acquisition of ExxonMobil’s non-operated oil and gas assets in the Central and Northern North Sea, positioning itself among the top fi (...)

NEWS | SBM Offshore To Build Its Largest FPSO For Exxon

FPSO operator SBM Offshore has been awarded contracts to perform front-end engineering and design (FEED) for an FPSO for the Yellowtail development project offshore Guyana.

NEWS | Valaris awarded offshore Angola contract

Offshore drilling contractor Valaris has been awarded a two-year contract for a drillship with Esso Exploration Angola, an affiliate of ExxonMobil, offshore Angola.
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