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 Russian state oil company Rosneft will continue geological explorations in the Arctic offshore zone after ExxonMobil quits the joint projects,…
Published in OE Press: 2018 / April
ExxonMobil and the Hess Corporation announced an eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for…
Published in OE Daily: 2018 / June
Wednesday, 17 January 2018 09:31

ExxonMobil, MagnaBond collaborate on P&A

ExxonMobil's Upstream Research Company has inked a three-year joint development agreement with MagnaBond to develop evaluation technologies for well cementing,…
Shell has reach final investment decision on its Penguins fields redevelopment in what will be its first new manned installation…
Friday, 05 January 2018 16:51

Exxon touts further Guyana success

The sixth time seems to be the charm for Exxon and its partners at the Stabroek block offshore Guyana. The…
Thursday, 04 January 2018 08:37

ExxonMobil down-mans Sable ahead of storm

ExxonMobil has down-manned facilities offshore Canada in advance of a winter storm expected to sweep through the area, says the…
Thursday, 21 December 2017 18:04

Petrobras to maintain E&P spend in 2018

Petrobras has released its new 2018-2022 business plan, in which the Brazilian giant has promised to maintain about the same…
Thursday, 21 December 2017 15:11

Rystad: 2017 discovered oil, gas resources down

How did global oil and gas exploration fare in 2017? It depends on who you ask. Photo from Maersk Drilling.…
Statoil has completed a deal with Queiroz Galvão Exploração e Produção (QGEP) to acquire a 10% interest a block offshore…
Thursday, 14 December 2017 06:00

Exxon, Petrobras form alliance

Petrobras and ExxonMobil have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business…
Wednesday, 13 December 2017 15:34

Exxon picks up Area 4 stake from Eni

Texas-based supermajor ExxonMobil has completed the acquisition of a 25% interest in Mozambique’s gas-rich Area 4 block from Italian explorer…
Monday, 11 December 2017 17:22

ExxonMobil assessing Equatorial Guinea well

ExxonMobil is assessing commerciality of the Avestruz-1 well, which struck oil in Block EG-06 offshore Equatorial Guinea, the nation's Ministry…
Monday, 04 December 2017 14:41

ExxonMobil acquires Mauritania stake

ExxonMobil will explore three deepwater blocks offshore Mauritania after signing production sharing contracts for them with the government of Mauritania.…
Tuesday, 28 November 2017 15:50

Hebron production begins flowing

ExxonMobil has initiated production from its Hebron field development project offshore eastern Canada, the company announced today (28 November). Expected…
Friday, 17 November 2017 10:57

Rosneft hails longest well

Rosneft, part of the Sakhalin-1 Consortium, has successfully completed drilling of the world's longest well, from Orlan platform at Chaivo…
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2018-09-20 03:32:02pm