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Exxon outbids Oil Search for InterOil
ExxonMobil is to acquire InterOil, after outbidding Oil Search. The prize is LNG. PRL15 is an undeveloped multi-tcf gas discovery, earmarked to sup...
ExxonMobil acquires 25% in Mozambique Area 4 from Eni for US$2.8 billion
Eni is to sell half of its 50% indirect interest in Area 4 offshore Mozambique to ExxonMobil, for US$2.8 bn. The Area 4 block contains deep-water g...
ExxonMobil buys 33% stake in BM-S-8 Brazil from Statoil
ExxonMobil is buying a 33% stake from Statoil in the BM-S-8 block offshore Brazil for a nominal consideration of US$1.3 billion. The transaction in...
ExxonMobil sells US$1bn Norwegian operated upstream business to PE-backed Point Resources
On 29 March 2017, Point Resources announced it had acquired ExxonMobil's operated upstream business in Norway for an undisclosed amount. Wood Macke...
Faroe Islands upstream summary slides
We provide a slide-pack of the key issues in the country to complement our more detailed upstream summary. Please refer to the main upstream summar...
Fewer wells but sharper focus: global exploration review of 2016
We may come to see 2016 as a turning point for conventional exploration. With sustained low oil prices and corresponding pressure on discretionary ...
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