Exxonmobil News


ExxonMobil, Egypt’s EGAS Bolster Mediterranean Oil Exploration Efforts

Apr 29, 2025

Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil have signed a memorandum of understanding (MoU) to strengthen the collaboration for Mediterranean Sea oil and gas exploration.The MoU was signed to establish the necessary foundations for developing the agreements system if ExxonMobil Egypt…

ExxonMobil Drill Offshore Cyprus Fails to Find Gas in Commercial Amounts

Apr 14, 2025

An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday.Drilling operations had been completed at the Elektra-1 well in Block 5 of the exclusive economic zone (EEZ) of Cyprus…

ExxonMobil Concludes $535M Liza Destiny FPSO Buy from SBM Offshore

Dec 20, 2024

SBM Offshore and ExxonMobil Guyana, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of floating, production, storage and offloading (FPSO) Liza Destiny, deployed at Stabroek Block, offshore Guyana…

ExxonMobil Pulls Out from Block Offshore Suriname

Nov 20, 2024

Suriname's state-run oil company Staatsolie said on Wednesday that ExxonMobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.'The withdrawal is part of the ongoing evaluation of assets in ExxonMobil's global portfolio…

ExxonMobil Takes Ownership of FPSO Prosperity

Nov 08, 2024

ExxonMobil has assumed ownership of the Prosperity floating, production, storage and offloading (FPSO) unit from SBM Offshore, operating at Payara, Guyana’s third offshore oil development on the Stabroek Block.ExxonMobil, through its affiliate ExxonMobil Guyana…

Pertamina and ExxonMobil Plan Appraisal Drilling in Carbon Capture Effort

May 15, 2024

State energy firm Pertamina and U.S. major ExxonMobil plan to conduct appraisal drilling for a carbon capture and storage (CCS) hub in Indonesia, with the companies signing an initial storage deal with South Korea's KNOC on Wednesday.Indonesia…

QatarEnergy Joins ExxonMobil in Two Exploration Blocks Offshore Egypt

May 13, 2024

QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.Under the terms of the agreement, which is subject to customary approvals by the government of Egypt…

Vallourec Wins ExxonMobil’s Whiptail Order Offshore Guyana

Apr 26, 2024

France-based tubular solutions supplier for the energy market Vallourec has secured an order from ExxonMobil for the supply of line pipe for the Whiptail development, offshore Guyana.This is the fourth major order in the framework of the long-term agreement signed in 2021 with ExxonMobil Guyana…

Strohm Reels In ExxonMobil’s Third TCP Deal Offshore Guyana

Apr 16, 2024

Thermoplastic composite pipe (TCP) technology company Strohm has secured a contract from ExxonMobil for the supply of pipes for the  Whiptail project, offshore Guyana.This brings the project count for the Netherlands-based manufacturer to three for ExxonMobil Guyana…

TechnipFMC Picks Up ‘Large’ Subsea Contract for ExxonMobil’s Whiptail Off Guyana

Apr 16, 2024

Oilfield services company TechnipFMC has secured a ‘large contract’ from ExxonMobil to supply subsea production systems for the Whiptail development in Guyana’s Stabroek block.TechnipFMC will provide project management, engineering, and manufacturing…

SBM Offshore Hooks ExxonMobil’s Jaguar FPSO Contract

Apr 12, 2024

SBM Offshore has secured a contract from ExxonMobil to construct and install the Jaguar FPSO for the Whiptail development project located in the Stabroek Block in Guyana.The ownership of the Jaguar FPSO will be transferred to ExxonMobil Guyana…

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

Feb 21, 2024

SBM Offshore’s floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil’s Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore.The FPSO…

DeepOcean Gets ExxonMobil’s Guyana Task

Feb 14, 2024

Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America.Under the contract, DeepOcean will plan and execute a wide range of subsea activities…

KOTUG Bolsters Guyana Fleet with Three Offshore Terminal Tugs

Nov 14, 2023

KOTUG said Tuesday it had, via its Guyanese subsidiary KOTUG Guyana strengthened its position in Guyana with the arrival of three additional Offshore Terminal Tugs to support ExxonMobil Guyana’s offshore operations.With the arrival of KOTUG-owned ‘SD Grace’…

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