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SABIC, ExxonMobil form JV to create petrochemical project in U.S.

Saudi Arabia's SABIC and ExxonMobil have created a new joint venture to advance development of the Gulf Coast Growth Ventures project, a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Texas.

Petrobras, ExxonMobil form deeper partnership

Brazil’s Petrobras and US oil major ExxonMobil have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential opportunities.

ExxonMobil merges refining and marketing divisions

US oil giant ExxonMobil has announced that it is merging its refining and marketing divisions into a single company, ExxonMobil Fuels & Lubricants Company, in the first quarter of

ExxonMobil promotes Neil Chapman to SVP and creates a new head of Chemical division

ExxonMobil has promoted Neil Chapman to the position of senior vice president and member of the corporation’s management committee. As successor to Chapman, the U.S. oil giant appointed John Verity as president of ExxonMobil Chemical Company.

ExxonMobil starts flowing oil from Hebron field

US oil major ExxonMobil has started oil production at the Hebron field off Newfoundland & Labrador that at its peak will produce up to 150,000 bpd.

ExxonMobil buys into Equinor’s Brazil offshore block

ExxonMobil buys half of Equinor’s interest in the BM-S-8 block offshore Brazil, which contains part of the 2-billion-barrel, pre-salt Carcara oil field.

ExxonMobil advances Liza Phase 1 development

Development drilling at the Liza Phase 1 field offshore Guyana has begun as ExxonMobil and partners look at rapid progress to meet production targets.

ExxonMobil makes 7th oil find off Guyana

U.S. oil giant ExxonMobil announced that is run of good luck in Guyana continued with the discovery of its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well.

Eni, ExxonMobil complete LNG deal in Mozambique

Italy's Eni and ExxonMobil have completed the deal, signed back in March 2017, that sees the U.S. oil major acquire a 25 per cent indirect interest in Mozambique’s gas-rich Area 4 block in the Rovuma Basin from Eni and assume responsibility for…

SBM Offshore awarded ExxonMobil Liza FPSO contract

ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) has awarded contracts to Dutch firm SBM Offshore for a floating production, storage and offloading (FPSO) vessel for the Liza field development and production in Guyana.