mobil

ExxonMobil Advances Liza Phase 1 Development

Dateline City: IRVING, Texas Development drilling commences, facility construction under way; first oil in 2020 Production from three developments to exceed 500,000 barrels per day About 50 percent of in-country workforce is Guyanese IRVING, Texas–(BUSINESS WIRE)–The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said today. Development drilling began in May for the first of 17 wells planned for Phase 1,

ExxonMobil Announces Retirement of Malcolm Farrant and Election of Tracey Gunnlaugsson as Vice President of Human Resources

Dateline City: IRVING, Texas IRVING, Texas–(BUSINESS WIRE)–Exxon Mobil Corporation (NYSE:XOM) said today that Malcolm Farrant, vice president of human resources, has elected to retire after 35 years of service. The board of directors has elected Tracey Gunnlaugsson, president of SeaRiver Maritime Inc., as vice president of human resources, effective August 1, 2018. Farrant, a native of the U.K., joined Mobil Corporation in 1983 after receiving a bachelor’s degree in chemistry

ExxonMobil Senior Vice President Michael Dolan to Retire

Dateline City: IRVING, Texas IRVING, Texas–(BUSINESS WIRE)–Michael J. Dolan, senior vice president of Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire, effective Aug. 1, 2018, after 38 years of service. Dolan was elected to his current position as senior vice president and a member of the corporation’s Management Committee in 2008. Dolan held a variety of technical and managerial positions in the company’s global petroleum refining and petrochemical

ExxonMobil Wins More Acreage in Brazil’s 4th Pre-Salt Bid Round

Dateline City: IRVING, Texas Adds more than 88,900 net acres to ExxonMobil’s deepwater portfolio offshore Brazil Company now has interests in a total of 25 blocks Seismic data acquisition planned for more than 7,500 square miles in 2018 IRVING, Texas–(BUSINESS WIRE)–ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning the Uirapuru exploration block with co-venturers Equinor and Petrogal Brasil during Brazil’s 4th pre-salt bid round. The block awarded

ExxonMobil Completes Purchase of Carcara Oil Field Interest

Dateline City: IRVING, Texas Carcara field contains more than 2 billion barrels of high-quality oil Development planning, appraisal and further exploration underway ExxonMobil now holds more than 2.1 million net acres in one of the most significant oil plays IRVING, Texas–(BUSINESS WIRE)–ExxonMobil said today it has completed the purchase of half of Equinor’s interest in the BM-S-8 block offshore Brazil, which contains part of the 2-billion-barrel, pre-salt Carcara oil field.

ExxonMobil Announces Retirement of Jeff Woodbury and Election of Neil Hansen as Vice President of Investor Relations and Secretary

Dateline City: IRVING, Texas IRVING, Texas–(BUSINESS WIRE)–Exxon Mobil Corporation (NYSE:XOM) said today that Jeff Woodbury, vice president of investor relations and secretary, has elected to retire after 35 years of service. The board of directors has elected Neil Hansen, downstream controller, as vice president of investor relations and secretary, effective July 1. Woodbury joined Exxon Company USA in 1983 and has held various managerial positions, including engineering, production, operations and

ExxonMobil CEO Darren Woods Highlights Growth Plans and Advances in Lower-Carbon Solutions

Dateline City: DALLAS Plans to more than double earnings potential by 2025 while addressing climate change risks Strongest investment opportunities in two decades drive results and improve returns Investments leverage technology leadership, integrated businesses and skilled employees DALLAS–(BUSINESS WIRE)–ExxonMobil plans to more than double earnings potential by 2025 while addressing the risks of climate change through continued research into breakthrough lower-carbon technologies, Chairman and Chief Executive Officer Darren Woods told

ExxonMobil Announces Greenhouse Gas Reduction Measures

Dateline City: IRVING, Texas Methane emissions to drop 15 percent, flaring reduced by 25 percent by 2020 Improving industry-leading energy efficiency in refining and chemical manufacturing IRVING, Texas–(BUSINESS WIRE)–ExxonMobil today announced greenhouse gas reduction measures that are expected to lead to significant improvements in emissions performance by 2020, including a 15 percent decrease in methane emissions and a 25 percent reduction in flaring. The company also announced its intention to

ExxonMobil and Employees Contribute More Than $13 Million to Texas Colleges and Universities

Dateline City: IRVING, Texas Almost 80 institutions of higher learning in Texas receive funds from 3:1 Educational Matching Gift Program Recipient organizations encouraged to support math and science initiatives IRVING, Texas–(BUSINESS WIRE)–ExxonMobil and its employees contributed $13.2 million to 78 institutions of higher education across Texas as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. ExxonMobil employees, retirees, directors and surviving spouses contributed almost $6 million to 78

ExxonMobil and Employees Contribute More Than $1.3 Million to Illinois Colleges and Universities

Dateline City: IRVING, Texas 36 institutions of higher learning in Illinois receive funds from 3:1 Educational Matching Gift Program Recipient organizations encouraged to support math and science initiatives IRVING, Texas–(BUSINESS WIRE)–ExxonMobil and its employees contributed more than $1.3 million to 36 institutions of higher education across Illinois as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. ExxonMobil employees, retirees, directors and surviving spouses contributed more than $357,000 to