04-08-2017, 01:23 AM
Exxon Mobil Corporation announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara. “The latest discovery at Snoek demonstrates the continued success we have achieved in this technically complex play, which is just part of the significant exploration province offshore Guyana,” said Steve Greenlee, president of ExxonMobil Exploration Company.
ExxonMobil Announces New Oil Discovery Offshore Guyana | Seeking Alpha
HitecVision and its majority owned portfolio company Point Resources have announced the signing of an agreement to acquire Exxon Mobil’s operated upstream business in Norway from Exxon Mobil Exploration and Production Norway AS. This includes a transfer of the majority of Exxon Mobil’s offshore and onshore E&P staff in Norway; a significant package of operated producing assets on the Norwegian Continental Shelf; field assets, such as platforms and FPSOs; as well as the company’s office building in Sandnes, near Stavanger. The business will be acquired by and combined with Point Resources to create a strong, new mid-sized Norwegian E&P company.
Point Resources, HitecVision to acquire Exxon Mobil's Norwegian business
Qatar Petroleum and Exxon Mobil signed an exploration and production sharing contract with the government of the Republic of Cyprus for offshore Block 10. Before the signing ceremony, the Republic of Cyprus President, Nicos Anastasiades received at the presidential palace in Nicosia, Saad Sherida Al-Kaabi, the president and CEO of Qatar Petroleum along with Andrew Swiger, senior VP and principal financial officer of Exxon Mobil.
Qatar Petroleum, Exxon Mobil sign exploration and production PSA contract with Cyprus