Exxonmobil

In light of the consequences of COVID-19 and global market volatility, the 23rd World Petroleum Congress has been postponed to December 5-9 2021, it was announced today by WPC President Tor Fjaeran and the Organizing Committee Chairman, Jeff Shellebarger. The decision from the World Petroleum Council Executive Committee and 23rd …

NUR-SULTAN (Reuters) – Kazakhstan believes an increased cost estimate for the Tengiz oilfield expansion is too high and wants oil majors Chevron (CVX.N) and ExxonMobil (XOM.N) to review it, Energy Minister Kanat Bozumbayev said on Wednesday. Chevron, which leads the consortium developing one of the Central Asian nation’s biggest oilfields, …

Halliburton announced today that it was awarded an international license for ExxonMobil’s patented Non-Aqueous Fluid Gravel Packing (NAFPac™) technique for gravel pack completions. Hole stability and shale inhibition are keys to successful installation of openhole completions. Non-aqueous fluid (NAF) is often selected to optimize the drilling process, but hole stability …

Exclusive Agreement Will Jointly Commercialize New MambaTM Severe-Service Couplings to Reduce Tubing Wear and Parted Rod Strings in Rod-Lift, PCP-Lift Applications Weatherford International plc has announced the release of the Mamba™, a severe-service sucker-rod coupling engineered to significantly reduce production-tubing friction and wear in sandy, corrosive, and deviated wells. Designed exclusively …

The Society of Petroleum Engineers (SPE) brings you the first symposium on Caspian Health, Safety, Security, Environment and Social Responsibility taking place in Nur-sultan, Kazakhstan on 24–25 September. Hosted by JSC NC “KazMunayGas” (KMG), the leading oil and gas company in Kazakhstan, it will bring together local, regional and global …

The President Of ExxonMobil Russia Inc. Glenn Waller has addressed a letter to the government asking to change the rules for it work in Russia, reports the newspaper “Kommersant”. In particular, we are talking about the abolition of the amendments to the Code of trading navigation (KTM) from 2017, which …

Oil output at Kazakhstan’s Kashagan field reached an all-time high of 400,000 barrels per day (bpd) on Tuesday, three sources familiar with daily production data told Reuters. Oil production on Kashagan might rise further to 410,000 bpd in coming months, two industry sources familiar with the development plan said. Output …

Vitol, the world’s top oil trader, plans to access liquefied petroleum gas (LPG) from the giant Kashagan field in Kazakhstan and may finance the construction of a processing and export facility, industry and company sources told Reuters. LPG is mainly a by-product of oil development at the field and at …

In connection with the notification ExxonMobil sent to the US Securities and Exchange Commission about withdrawing from some of the joint projects with Rosneft we would like to state the following: – ExxonMobil together with Rosneft is one the global oil and gas industry leaders. The two companies carry out …

ExxonMobil said it’s abandoning joint ventures with Russia’s Rosneft PJSC after international sanctions against the nation’s energy sector paralyzed a historic drilling project. ExxonMobil’s decision to quit its biggest exploration region was made late last year as the U.S. expanded sanctions, the company said in a 10-k filing on Wednesday. “The corporation expects …