Tag: ExxonMobil

The Rovuma Basin, situated on the northern coast of Mozambique, has proven to hold significant gas reserves. In June 2017 the Coral South LNG project was launched, targeting the so-called Area 4 above the basin. As from 2022, 3.4 million tons of gas will be liquefied annually by a conglomerate.

ExxonMobil has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel.

ExxonMobil said that a new unit at its integrated Beaumont, Texas facility has started operations, increasing production of ultra-low sulfur fuels by approximately 45,000 barrels per day.

Mozambique is looking to establish the country as a world leader within the LNG sector through heavy investment in multi-scale projects.

ExxonMobil recently said that it has signed a cooperation framework agreement with the Guangdong Provincial People’s Government to advance discussions concerning the proposed construction of a chemical complex in the Huizhou Dayawan Petrochemical Industrial Park.

ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development.

Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique.

ExxonMobil recently said that it has started production of hydrogenated hydrocarbon resin and halobutyl rubber at its integrated manufacturing complex in Singapore, the company’s largest integrated refining and petrochemical complex in the world.

Mark W. Albers, senior VP of Exxon Mobil Corporation (XOM), has announced his intention to retire, effective April 1, 2018.

Rob Franklin, president of ExxonMobil Gas & Power Marketing Company, has announced his intention to retire, effective March 1, 2018, after more than 35 years of service.