ExxonMobil


All posts for ExxonMobil

ExxonMobil Increases Stabroek Resource Estimate to 5 Billion Barrels; Makes 10th Discovery

More than 5 billion recoverable oil-equivalent barrels discovered in less than four years Reinforces potential for at least five floating storage, production and offloading vessels producing more than 750,000 barrels of oil per day by 2025 Pluma-1 well represents 10 th discovery IRVING, Texas- ...

OilVoice Press - OilVoice


Posted 15 days agoPress > Stabroek BlockStabroekDiscovery +3

Total Signs a Memorandum of Understanding with the State of Papua New Guinea on the Key Terms of the Gas Agreement of the Papua LNG Project and Launches Engineering Studies

Port Moresby – Total and its partners ExxonMobil and Oil Search have signed a Memorandum of Understanding (MoU) with the Independent State of Papua New Guinea defining the key terms of the Gas Agreement for the Papua LNG Project.  The MoU was signed during the Asia Pacific Economic Conference (A ...

OilVoice Press - OilVoice


Posted 1 month agoPress > MOUTotalPNG +9

ExxonMobil Earnings Increase 57 Percent to $6.2 Billion in Third Quarter of 2018

Cash flow from operating activities of $11.1 billion highest since the third quarter of 2014 Ninth discovery offshore Guyana, newly acquired acreage in Brazil enhance Upstream opportunities Integration advantages further enhanced by midstream connectivity to Permian and Western Canada   ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Exxon MobilExxonMobilExxon Mobil Corporation +2

ExxonMobil Supports New Singapore Energy Center Partnership with US$10 Million Commitment

ExxonMobil to be first founding member with five-year commitment Company researchers to collaborate with university students and faculty Initial focus areas to include bioscience; carbon capture, utilization and storage; water use and recycling SINGAPORE--( BUSINESS WIRE )-- ExxonMobil said to ...

OilVoice Press - OilVoice


Posted 1 month agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +2

ExxonMobil Starts New Unit at Antwerp Refinery to Produce High-Value Transportation Fuels

SPRING, Texas--( BUSINESS WIRE )-- ExxonMobil said today that it has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel. The new 50,000 barrel-per-day unit expands t ...

OilVoice Press - OilVoice


Posted 1 month agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +7

The Oil Business in South Africa is Going Down

One of the most important resources that a country could have during the 20th century and even today is oil or gas. South Africa unfortunately, doesn't show much promise in that departments as their proven oil and gas reserves are close to nothing. The exploration for these resources started in 191 ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > Nick JamesSouth AfricaOil +7

Engage with both the E&P community and financial sector at SPE's London Annual Conference.

SPE London Conference 23 October 2018 | Gibson Hall London, England, UK Hear expert opinion on oil and gas investment opportunities at SPE's London Annual Conference. With now only a week to go, register your place today to engage with both the E&P community and financial sectors. Hear from top ...

Kate Dunn


Posted 2 months agoPress > EnergyOil and GasFinance +22

ExxonMobil Wins Additional Acreage in Brazil’s 5th Pre-Salt Bid Round

Adds more than 71,500 net acres to ExxonMobil's deepwater portfolio offshore Brazil ExxonMobil is one of Brazil's largest acreage holders among international companies Work underway on regulatory requirements in preparation for drilling by 2020 IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil has ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Exxon MobilExxonExxon Mobil Corporation +6

ExxonMobil Starts New Unit to Increase Ultra-Low Sulfur Fuels Production

Production of ultra-low sulfur fuels to increase by about 45,000 barrels per day New unit relies on proprietary technology to remove sulfur while minimizing octane loss Additional chemical manufacturing construction, refining engineering underway SPRING, Texas--( BUSINESS WIRE )--ExxonMobil has ...

OilVoice Press - OilVoice


Posted 2 months agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +3

ExxonMobil to Join Oil and Gas Climate Initiative

CEO-led global initiative aims to provide practical solutions to climate change mitigation Focus areas include carbon capture and storage, methane reductions, energy efficiency As part of the initiative, ExxonMobil to invest in research and development of long-term solutions to reduce greenhouse ...

OilVoice Press - OilVoice


Posted 2 months agoPress > OilgasClimate Change +4

ExxonMobil Signs Framework Agreement For Proposed Chemical Complex in China

Company is evaluating a multibillion-dollar investment in Guangdong Province Project would help meet expected chemical demand growth in China Part of company's plans to grow manufacturing capacity in the U.S. and Asia Pacific SPRING, Texas--( BUSINESS WIRE )-- ExxonMobil said today that it has ...

OilVoice Press - OilVoice


Posted 3 months agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +4

In South America ExxonMobil’s Success in Guyana is Taking the Guyana-Suriname Basin to be Second Only to Pre-Salt Brazil, Says GlobalData

Following the recent Hammerhead-1 discovery by ExxonMobil in their Stabroek block in Guyana. Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “The 6.6 million acres Stabroek block is extrem ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > South AmericaExxon MobilExxon Mobil Corporation +11

Eco Atlantic Comments on Exxon's Ninth Major Discovery in Guyana - Hammerhead-1

From Guyana today, on ExxonMobil Corporation ("Exxon")'s Stabroek Block, Exxon and Hess Corporation have announced a new oil discovery of 60 metres (197 feet) of net pay of high-quality, oil-bearing sandstone reservoir in the Hammerhead-1 well.  Exxon's Hammerhead-1 oil discovery is located approxi ...

OilVoice Press - OilVoice


Posted 3 months agoPress > ExxonExxonMobilExxon Mobil Corporation +7

ExxonMobil Adds Ninth Discovery Offshore Guyana

Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil (NYSE:XOM) has ma ...

OilVoice Press - OilVoice


Posted 3 months agoPress > OffshoreDiscoveryGuyana +5

Wood Launches Mew Phase of Subsea Integrity Management Industry Network

Wood has further extended the SURF IM Network, which aims to share experience and lessons learned from subsea integrity and reliability issues and is supported by 10 major global operators: BP, Chevron, ExxonMobil, Hess, Husky, PETRONAS, Shell, Suncor, Total and Woodside. Led by Wood and establish ...

OilVoice Press - OilVoice


Posted 4 months agoPress > WoodSubseaPETRONAS +13