ExxonMobil
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The Glaucus-2 well confirms the existence of a multi-TCF gas field.
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Dry hole dampens spirits in Brazil’s Sergipe-Alagoas Basin.
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ExxonMobil has initiated front-end engineering design studies to determine the feasibility of developing a South East Australia carbon capture and storage hub in the Bass Strait, where some of Australia’s oldest offshore oil and gas fields are to be decommissioned.
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South Africa’s Sasol has nixed plans to invest in the proposed African Renaissance Pipeline, opting instead to import LNG by tanker from Mozambique where TotalEnergies, Eni, and ExxonMobil are developing projects.
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The US oil and gas company's exit from Russia amid the ongoing military conflict freezes the Russian Far East LNG project and cripples Rosneft’s ambitions to become a competitive global LNG supplier.
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The oil giant launched its Bakken crypto pilot in January 2021 and now is considering expanding it to Nigeria, Argentina, Guyana, and Germany, according to people familiar with the matter.
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Production at Liza Unity FPSO should reach 220,000 B/D later in 2022.
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Shallow water assets sold include interests in four leases
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High oil prices will mean more spending on workovers to eke out more oil and gas from older wells. The amount will depend on finding those willing and able to do that tricky work.
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The largest US oil and gas company is ending its 25-year presence in Russia following its invasion of Ukraine and subsequent international sanctions.