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Drilling & production

 
 
 

ExxonMobil announces 2015 reserves additions

Exxon Mobil Corp. has announced it added 1 billion boe of proved oil and gas reserves in 2015, replacing 67% of production, including a 219% replacement ratio for crude oil and other liquids.

 
 
 
 
 
 
 

OMV outlines new strategy for future

Priorities: safeguarding cash flow, sustainable upstream business, highly competitive downstream oil division, restructured downstream gas business.

 
 

SpeedCast partners with Gazprom

The goal of the partnership is to expand communications services in the energy sector in Africa.

 
 

Woodside acquires AGC Profond block acreage

Woodside Energy has entered into an agreement to acquire a 65% participating interest in a Production Sharing Contract and associated joint operating agreement in the AGC Profond block.