ExxonMobil

ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels

Submitted by Anonymous on Thu, 2021-10-07 14:16

07th October 2021

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels.

ExxonMobil increases participation in Scotland carbon capture and storage project

Submitted by Anonymous on Wed, 2021-10-06 14:13

06th October 2021

ExxonMobil has increased its participation in the proposed Acorn carbon capture project in Scotland by signing an Expression of Interest to capture, transport and store CO2 from its Fife Ethylene Plant

ExxonMobil outlines plans to grow long-term shareholder value in lower carbon future

Submitted by Editorial on Wed, 2021-03-03 15:11

03rd March 2021

ExxonMobil outlines its plans through 2025 to increase earnings and cash flow to sustain and grow its dividend, reduce debt and fund advantaged projects, while working to commercialize lower emission technologies in support of the goals of the Paris Agreement.

ExxonMobil to sell UK upstream central and northern North Sea assets

Submitted by Editorial on Wed, 2021-02-24 00:00

24th February 2021

ExxonMobil has signed an agreement with HitecVision, through its wholly owned portfolio company NEO Energy, for the sale of most of ExxonMobil’s non-operated upstream assets in the United Kingdom central and northern North Sea.

Ocean Infinity to support ExxonMobil in Guyana

Submitted by Editorial on Fri, 2020-02-28 10:50

28th February 2020

Ocean Infinity, the next generation subsea marine robotics company, has been awarded a contract with ExxonMobil, for high-resolution Autonomous Underwater Vehicle (AUV) geophysical and geotechnical data acquisition within the Stabroek block offshore Guyana.

Equinor awarding contracts in Brazil

Submitted by Editorial on Thu, 2020-01-30 12:31

30th January 2020

Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into Front End Engineering and Design (FEED) contracts with early commitments and pre-investments for phase 1 of the Bacalhau (formerly Carcará) area in Brazil.

ExxonMobil ups Guyana recoverable resources to more than 8bn barrels

Submitted by Editorial on Tue, 2020-01-28 13:33

28th January 2020

ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th discovery on the Stabroek Block.

ExxonMobil and GE launch advanced co-branded turbine oil

Submitted by Editorial on Thu, 2019-11-21 10:52

21st November 2019

ExxonMobil and GE today announced the launch of Mobil SHCTM 918 EE gas turbine oil, a new technology that may dramatically improve turbine bearing efficiency by up to 15 percent compared to conventional ISO VG 32 turbine oils

ExxonMobil Expands Low-Emissions Technology Research with Universities in India

Submitted by Anonymous on Tue, 2019-10-15 09:40

15th October 2019

ExxonMobil said today that it has signed agreements with the Indian Institute of Technology locations in Madras and Bombay, further expanding its extensive portfolio of research collaboration with India’s universities.

ExxonMobil to Sell Norway Upstream Operations for $4.5 Billion

Submitted by Anonymous on Fri, 2019-09-27 09:32

27th September 2019

ExxonMobil signed an agreement today with Vår Energi AS for the sale of its non-operated upstream assets in Norway for $4.5 billion as part of its previously announced plans to divest approximately $15 billion in non-strategic assets by 2021.