Tag: ExxonMobil
Exxon Mobil discovers oil offshore Guyana
Exxon Mobil has announced positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block.
ExxonMobil expanding Gulf Coast capacity
The Chairman and Chief Executive Officer of ExxonMobil, Darren Woods, recently announced that the company is expanding its manufacturing capacity along the US Gulf Coast through planned investments of USD $20 billion over a 10-year period, in order to take advantage of the American energy revolution.
ExxonMobil awards license to Pason Systems Inc.
ExxonMobil, whose headquarters are located in Texas, has awarded the first global license of its Drilling Advisory System™, a key component of the company’s Fast Drill™ technology suite, to Pason Systems, Inc.
ExxonMobil signs $6.6 billion deal
Exxon Mobil has agreed to acquire companies owned by the Bass family of Fort Worth, Texas, US for USD $5.6 billion in stock and up to USD $1 billion in additional payments, in a bid to boost its onshore oil production in the Permian Basin.
cMIST from ExxonMobil to dehydrate natural gas
ExxonMobil, whose headquarters are located in Texas, has announced its development of cMISTTM technology, which aims to dehydrate natural gas using a patented absorption system inside pipes and replace the need for conventional dehydration tower technology.
ExxonMobil names new CEO
ExxonMobil, whose headquarters are located in Texas, has announced that Chairman and Chief Executive Officer (CEO) Rex Tillerson will retire from XOM at year-end, and Darren W.