ExxonMobil grants contractor order for $200-million plus Rovuma LNG pipelines

ExxonMobil informed Kazakhstan that its Tengiz oil field will peak next year and decline to 500,000 barrels per day by 2035 without investment. The company seeks a $80 billion joint investment in Kashagan to offset the decline, pending resolution of disputes and fines.

ExxonMobil's Nigerian affiliate, Esso, announced the arrival of the Noble Gerry de Souza drillship for the $1bn Usan Infill Project. The project aims to add 40,000 barrels per day of oil production within 18 months, according to the company.

ExxonMobil's drillship has arrived in Niger Delta for the $1 billion Usan Infill Project, aiming to add 40,000 barrels per day to Nigeria's crude output within 18 months. The project targets mature offshore wells and involves advanced drilling technologies. It is expected to boost federal revenue and create local jobs, with environmental safeguards in place.

ExxonMobil's Nigerian unit has deployed a drillship to boost output at the Usan field by 40,000 barrels per day, part of a $1 billion investment. The Usan Infill Project aims to increase production within 18 months, leveraging existing infrastructure. This move reflects confidence in Nigeria's improving investment environment, according to the company.

A settlement between Louisiana and ExxonMobil has dismissed a coastal damages lawsuit, allowing SpaceX to build a rocket launch site on 130,000 acres of Exxon-owned land in Vermillion Parish. Governor Jeff Landry will announce the deal with SpaceX at an event next week.

A federal judge dismissed a coastal damages lawsuit against ExxonMobil, ending a decade-long legal battle. The settlement may allow SpaceX to acquire 130,000 acres of Exxon's land in Louisiana for a potential rocket launch site. Details of the settlement, including financial terms, were not disclosed. Governor Jeff Landry praised the agreement, highlighting its benefits for coastal restoration and business development.