Petronas Farms Out Part of Suriname Offshore Block to Exxon
Malaysian oil and gas company Petronas has completed the farm-down of a 50% stake in an offshore Suriname block to a subsidiary of ExxonMobil. The offshore block, known as Block…
Exxon revives sale of stake in giant Azeri oilfield
LONDON – Exxon Mobil (XOM.N) has relaunched the sale of its stake in Azerbaijan’s largest oilfield, the company said on Tuesday, as banking and industry sources said the move was…
Pakistan Green-Lights Exxon, Shell to Set Up LNG Terminals
Pakistan has given provisional permission to five developers, including partnerships with Exxon Mobil and Royal Dutch Shell, to set up LNG import terminals. The developers are now required to submit…