ExxonMobil

ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.

The deepwater infill project is Esso Nigeria's first drilling campaign in a decade and is expected to boost Usan's production by up to 40,000 B/D.

The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.

The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.

Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…

Barzan plant explosion that killed 13 and injured 66 occurred 2 days after production was restarted following a scheduled shutdown in December for routine maintenance.

The National Academies of Sciences, Engineering, and Medicine recommend continued state and federal funding, data-sharing, and new technologies to mitigate the risks posed by orphan wells.

ExxonMobil and QatarEnergy’s MoU with Cairo to monetize Cyprus’ offshore Glaucus and Pegasus natural gas supports Egypt’s strategy to become the Eastern Mediterranean’s leading gas processing and LNG export hub.

Production delivered by the subsea artificial lift system will equal that obtained by drilling two new wells, according to BP.

ABL’s Australia unit will provide marine warranty survey services to support the first phase of Esso’s decommissioning campaign, which aims to recycle 95% of the 60,000 tons of offshore structures targeted for removal.