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Tag: North Marakia Offshore
Exxon

Egypt, ExxonMobil sign two offshore Mediterranean exploration agreements

Posted: January 29, 2020 at 1:28 pm   /   Oil & Gas

Egypt has signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean, the petroleum ministry said on Tuesday.  The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the acquisition of more than 1.7 million acres last month.  The first agreement is […]

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ExxonMobil

ExxonMobil secures over 1.7 mn acres for exploration offshore Egypt

Posted: December 31, 2019 at 1:07 pm   /   Oil & Gas

ExxonMobil secures exploration acreage offshore Egypt Acquires more than 1.7 million acres offshore Egypt Adds upstream interests to longstanding downstream business in Egypt Exploration operations scheduled to begin in 2020 “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. “We look […]

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