ExxonMobil

The Arab world’s most populous country has awarded a string of concessions in a bid to become the region’s next major supplier of natural gas.

First oil from the 120,000-B/D Liza Destiny FPSO is flowing ahead of schedule.

The startup of the deepwater field marks the beginning of production from the massive Stabroek Block, which contains an estimated 6 billion BOE. ExxonMobil estimates that at least 5 FPSOs will be producing more than 750,000 BOPD from the Stabroek Block by 2025.

Innovating internal systems at Exxon inspires executives to create a forum for the oil and gas industry.

The company is relying on DevOps and agile to hit a bold growth goal by 2025: doubling profits without changing prices.

ExxonMobil is expanding its Baton Rouge polyolefins plant in a $500 million investment and tapped King Crow Studios, along with 3D Media and Pixel Dash, for the training effort—a sign of an emerging collaboration in Louisiana between tech-driven startups and the industrial sector.

First oil from the 120,000-B/D Liza Destiny floating production, storage, and offloading vessel, which arrived on the block in late August, is targeted for December.

The deal sees ExxonMobil provide feed gas from its Point Thomson field to Qilak LNG’s proposed export project, which would use icebreaking carriers to export 4 mtpa of LNG to Asia directly from Alaska’s North Slope.

As construction continues, SBM Offshore secured the $1.14 billion needed to finance work on the vessel. Liza Unity is scheduled for deployment at ExxonMobil's Liza Phase 2 development offshore Guyana.

A month after it got out of Norway, Bloomberg reports that the company is working with advisers on a potential Malaysian sale, which could raise as much as $3 billion. ExxonMobil plans to divest around $15 billion in nonstrategic assets by 2021.