Search results for: Exxon Mobil

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  • 14 December 2015
    Business & Finance

    American oil and gas major ExxonMobil has promoted Darren W. Woods to the role of president of ExxonMobil Corporation and a member of the board of directors. The appointment will be effective January 1, 2016. According to ExxonMobil, with the addition of Woods, the company’s board is now comprised of 13 directors, 11 of whom […]

  • 28 May 2015

    Exxon Mobil Corporation shareholders have elected Doug Oberhelman to its board of directors. Oberhelman is chairman of the board of directors and chief executive officer of Caterpillar Inc. With the election of Oberhelman, the ExxonMobil board stands at 12 directors, 11 of whom are non-employee directors. Oberhelman was named CEO and chairman of Caterpillar’s board […]

  • 7 June 2017

    Exxon Mobil Corp said on Tuesday that production and exports of liquefied natural gas from Qatar have not been affected by rising diplomatic tensions in the Middle East.

  • 24 April 2017

    Oil behemoth ExxonMobil will not get a permission from the U.S. to drill in the Russian part of the Black Sea. To remind, some parts of Russia have been off limits for the U.S. oil companies due to the economic sanctions against Russia. Last week, media reported that Exxon was seeking a waiver which would […]

  • 1 June 2017
    Business & Finance

    Edward E. Graham has been appointed as the President and Chairman of ExxonMobil Exploration and Production Malaysia Inc. and chairman of the ExxonMobil Subsidiaries in Malaysia with effect from June 1, 2017. He succeeds See Kok Yew, who has assumed the position of Vice President, Global Real Estate & Facilities, ExxonMobil Global Services Company, located […]

  • 3 June 2020

    Over the past couple of years, the maritime industry has witnessed numerous new engine designs receiving design approvals from classification societies, including those running on LNG, methanol, and most recently ammonia. However, for the switch from high sulphur fuel oil (HSFO) to fuels of the future to run smoothly, ships’ engines have to run smoothly […]

  • 21 May 2015
    Exploration & Production, Project & Tenders

    ExxonMobil recently discovered hydrocarbons offshore Guyana, while drilling the Liza-1 exploration well at the Stabroek block, located approximately 120 miles offshore Guyana. The oil discovery is significant, Exxon said.  According to Exxon, the well was drilled to 17,825 feet (5,433 meters) in 5,719 feet (1,743 meters) of water with the Deepwater Champion drillship. Stabroek Block is […]

  • 22 December 2015

    Fugro has been awarded a contract by Esso Exploration and Production Guyana Limited, an ExxonMobil affiliate, for survey services at a deepwater field development offshore Guyana. The contract provides for autonomous underwater vehicle (AUV) geophysical survey and an environmental baseline survey, along with shallow geohazard and geotechnical coring. Fugro will acquire, process and analyse AUV […]

  • 28 March 2016

    MILAN/LONDON (Reuters) – Exxon Mobil is in talks to buy a stake of around 15 percent in Italian oil major Eni’s giant Area 4 gas field in Mozambique, two sources familiar with the matter said. Exxon is seen as a front-runner to buy into Eni’s gas development and this would be the U.S. firm’s first […]

  • 27 September 2017

    Brazilian oil and gas regulators on Wednesday held the 14th bidding round for oil and gas exploration blocks, and it broke some cash records. Namely, the National Agency of Petroleum, Natural Gas and Biofuels (ANP) said the round, in which 20 companies took part, had the largest total signature bonus in history – over R$ […]

  • 5 June 2017

    ExxonMobil has signed another production sharing agreement with Equatorial Guinea, the new OPEC member. According to Reuters, the production has been signed for the Block EG-11, located offshore Equatorial Guinea. Data found on Exxon’s website shows the company is already largest oil producer in the country. It operates Block B, located offshore northwest of Bioko […]

  • 14 July 2017

    U.S. oil major Exxon Mobil has confirmed it has, with its partners Hess and Statoil, signed a production sharing contract for Block 59 with Staatsolie Maatschappij Suriname N.V., the national oil company of Suriname. To remind, Staatsolie informed of the upcoming signing of the PSC two weeks ago, but with little detail. The block adds […]

  • 15 December 2016

    Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil will retire at year-end after more than 41 years of service with the oil giant. As reported earlier this week, Tillerson has been selected by U.S. President-Elect to take over the Secretary of State position. As for the Exxon Mobil CEO position, Tillerson will […]

  • 4 January 2017

    Exxon Mobil Corp reached an agreement with Rex Tillerson, former chairman and CEO, to sever all ties to comply with conflict-of-interest requirements associated with his nomination as secretary of state.

  • 25 July 2018
    Exploration & Production

    Following ExxonMobil’s series of oil discoveries offshore Guyana, the company is preparing to bring a third drillship to its drilling campaign in Guyana’s giant Stabroek offshore block later this year.

  • 3 July 2018

    The FPSO will be designed to produce 220,000 barrels of oil per day

  • 5 December 2016
    Business & Finance

    U.S. oil giant ExxonMobil has named Neil Duffin as the new President of ExxonMobil Production Company. He will succeed a retiring Tom Walters who will be leaving the company after more than 38 years of service. ExxonMobil said on Friday that Neil Duffin, currently president of ExxonMobil Development, was appointed as the President of ExxonMobil […]

  • 30 April 2015

    BP confirmed today the start of oil production from the Exxon Mobil-operated Kizomba Satellites phase 2 development in Block 15, offshore Angola. The deepwater project is expected to produce around 70,000 barrels of oil per day at peak, and is expected to increase total daily Block 15 production to 350,000 barrels. “This is the first of BP’s planned start-ups […]

  • 29 January 2012

    ExxonMobil and TonenGeneral Sekiyu K.K have entered into an agreement which will result in the restructuring of ExxonMobil’s holdings in Japan. Under the terms of the agreement, TonenGeneral Sekiyu will purchase ExxonMobil’s shares in ExxonMobil Yugen Kaisha, integrating ExxonMobil Yugen Kaisha’s marketing operations with its existing manufacturing operations. This will result in a single, integrated […]

  • 16 March 2011
    Business & Finance

    Exxon Mobil Corporation  said today it would donate $1 million to the Japanese Red Cross Society to provide disaster relief assistance in response to the recent earthquake and tsunami in Japan. The company has also implemented a worldwide program to match employee, retiree, dealer and distributor donations to Japanese disaster relief, up to a further […]

  • 1 February 2019

    US energy giant ExxonMobil said it will streamline its upstream organization and centralize project delivery across the company to support plans to double operating cash flow and earnings by 2025.

  • 19 October 2016

    U.S. oil giant Exxon Mobil is reportedly set to begin drilling operations in its license offshore Liberia. According to Reuters, which cited the company’s spokesperson, the drilling operation in Exxon Mobil’s Liberia-13 deepwater block, is expected to start in November 2016. Exxon Mobil acquired an 80 percent stake in LB-13 back in 2013 from Canadian […]