Esso E News

 

SBM Offshore Nets Lease Extensions for Angola FPSOs with ExxonMobil Unit

Dec 18, 2025

SBM Offshore has signed a contract extension related to the lease and operation of floating production, storage and offloading (FPSO) units Mondo and Saxi Batuque with ExxonMobil’s Angolan subsidiary.The extension secures ownership and operations by SBM Offshore until 2032 for the FPSOs in Block 15 offshore Angola, operated by Esso Exploration Angola (Block 15) Limited, with partners Azule Angola Limited…

TotalEnergies Exits Nigeria's Deepwater Field as Eni and Shell Boost Stakes

Nov 25, 2025

TotalEnergies has completed the divestment of its non-operated interest in the Bonga deepwater field offshore Nigeria, selling its share to Shell Nigeria Exploration and Production Company (SNEPCo) and Eni.SNEPCo, a subsidiary of Shell, completed…

Nigeria Greenlights TotalEnergies’ Bonga Oil Field Sale to Shell, Agip

Sep 26, 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a sales purchase agreement (SPA) by TotalEnergies for its entire 12.5% stake in Oil Mining Lease (OML) 118, which contains Bonga offshore field, to Shell's SNEPco and Eni's Nigerian Agip Exploration (NAE)…

Italy fines Eni, ExxonMobil, Four Other Oil Firms for Unfair Competition

Sep 26, 2025

Italy's antitrust regulator has fined energy group Eni and five other oil companies operating in the country for practices restricting fair competition in the sale of fuel for trucks, the watchdog said on Friday.The regulator said that fines totalling more than 936 million euros ($1…

ExxonMobil Hires Shearwater for OBN Survey in Angola

Aug 26, 2025

Shearwater Geoservices has secured a deepwater Ocean Bottom Node (OBN) seismic survey work offshore Angola by ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited.The two-month project is scheduled to begin during the third quarter of 2025…

ExxonMobil Starts Drilling off Australia with Valaris Jack-Up Rig

Aug 08, 2025

Esso Australia, ExxonMobil’s Australian subsidiary, has started drilling for the nearly $200 million Kipper 1B project, which will bring online much-needed additional gas supply from the Gippsland Basin.The project is using Valaris’ VALARIS…

TotalEnergies Sells Bonga Field Stake to Shell for $510M

May 29, 2025

TotalEnergies has signed an agreement with Shell for the sale of its non-operated interest in the Bonga field, offshore Nigeria, for $510 million.TotalEnergies, through its subsidiary TotalEnergies EP Nigeria, agreed the sale of its 12.5% interest…

ExxonMobil, Woodside Take FID for $221M Gas Project Off Australia

Mar 17, 2025

ExxonMobil's Australian unit said on Monday that its Gippsland Basin joint venture with Woodside Energy has approved its final investment decision to develop the Turrum Phase 3 project, targeting underdeveloped gas resources.The approval is for the A$350 million ($221…

ExxonMobil’s Esso, Mitsui and Woodside to Invest $200M in Gas Project Off Australia

Feb 24, 2025

ExxonMobil’s Australian subsidiary Esso Australia Resources and its partners have announced a nearly $200 million investment in the Kipper 1B project which will bring online additional gas supply from the Gippsland Basin.The project, which was approved by Esso Australia…

Wood Gets Maintenance Work at Esso Australia’s Offshore Assets

Jan 20, 2025

Engineering consultancy Wood has secured a new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin, operated by Esso Australia, ExxonMobil's subsidiary.Supporting safe energy production…

Allseas Set to Embark on Australia’s Largest Ever Decom Job

Dec 19, 2024

Esso Australia, a subsidiary of ExxonMobil Australia, has hired Allseas for the removal of up to 12 retired oil and gas platforms from the Gippsland Basin in the Bass Strait, with a combined weight of approximately 60,000 tonnes.Allseas’ removal…

Saipem Scoops $900M for Work with Shell Off Nigeria

Dec 19, 2024

Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project.The project is related to the tieback of wells to the existing Bonga floating production…

TechnipFMC to Supply Subsea Production System for Shell’s Nigerian Deepwater Project

Dec 18, 2024

Oilfield services company TechnipFMC has secured a contract with Shell’s subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo) to supply its Subsea 2.0 production systems for the Bonga North development offshore Nigeria…

Shell Makes FID for Deepwater Oil Project Off Nigeria

Dec 16, 2024

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell, has made a final investment decision (FID) on Bonga North, a deepwater project off the coast of Nigeria.Bonga North will be a subsea tie-back to the Shell…

Helix Secures Five-Year Decommissioning Contract in Gulf of Mexico

Feb 29, 2024

U.S.-based oil and gas services firm Helix Energy Solutions has signed a five-year agreement with oil and gas company Talos Energy for decommissioning services in the U.S. Gulf of Mexico.Helix Energy Solutions will provide decommissioning services for offshore wells and infrastructure…

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