WATCH: Installation work for SBM Offshore’s FPSO working for ExxonMobil off Guyana

FPSO operator SBM Offshore has shared a video, showing scenes from an installation campaign on its Liza Unity FPSO, which is working on the ExxonMobil-operated Stabroek block located offshore Guyana. SBM Offshore revealed on Tuesday that the multi-purpose deepwater construction … Read More

Earnings double for ExxonMobil despite Russia exit

U.S. oil major ExxonMobil has doubled its quarterly earnings and booked a significant increase in revenues when compared to the last year’s first quarter despite a $3.4 billion charge related to its exit from Russia. ExxonMobil on Friday announced estimated … Read More

Guyana sells its first share of crude oil from its second offshore project to ExxonMobil

The Government of Guyana expected to receive its first entitlement lift of the Unity Gold crude from ExxonMobil’s Liza Unity FPSO over the weekend following the sale of its first share of crude oil from the country’s second offshore oil … Read More

ExxonMobil eyes carbon capture hub in Gippsland to unlock Australian CCS potential

U.S.-based energy giant ExxonMobil is putting the wheels into motion to gauge the potential for a carbon capture and storage (CCS) hub in the Gippsland Basin in a bid to explore, reveal and open more CCS opportunities in Australia. ExxonMobil … Read More

Argo FSRU project greenlighted by Greece’s regulatory authority

The ARGO FSRU project in Volos port, developed by Mediterranean Gas, has been greenlighted by Greece’s Regulatory Authority for Energy (RAE). FSRU Independence. Illustration only; Courtesy of Klaipedos Nafta Mediterranean Gas is a Greek energy utility company that is behind … Read More

Seplat seals the deal to take over ExxonMobil’s shallow water assets in Nigeria

Nigerian oil and gas company Seplat Energy has inked an agreement to acquire ExxonMobil’s subsidiary holding the company’s shallow water assets off Nigeria in a bid to drive its growth strategy, forge a sustainable business, and achieve energy transition goals. … Read More

ExxonMobil kicks off drilling ops in Brazil with Seadrill drillship

U.S. oil and gas major ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil, using one of the Seadrill-owned ultra-deepwater drillships. Enauta, whose subsidiary Enauta Energia holds 30 per cent working interest … Read More

ExxonMobil flows first oil from second offshore development for Guyana

U.S. oil major ExxonMobil has kicked off the first production from the second phase of its Liza project located on the Stabroek Block, making it Guyana’s second offshore development now in production. ExxonMobil informed late on Friday that it had … Read More

DOF Subsea scores “very important win” with ExxonMobil

DOF Subsea Australia has signed a second long-term contract with ExxonMobil’s affiliate, Esso Australia, to provide a multi-purpose supply vessel (MPSV). MPSV Skandi Darwin. Source: DOF Subsea The contract, deemed as a very important win for DOF Subsea, was signed … Read More

ExxonMobil profit soars on the back of higher oil & gas prices

U.S. oil and gas major ExxonMobil booked a profit in the last quarter of 2021 amid a significant increase in revenues driven by a rebound in oil and gas prices. ExxonMobil on Tuesday announced fourth-quarter 2021 earnings of $8.9 billion, … Read More