Rowan Secures ExxonMobil Drillship Contract
Contract drilling services provider Rowan Companies plc announced that the one of its R-Class drillships, Rowan Relentless, has been awarded a contract by ExxonMobil to drill a prospect in the U.S. Gulf of Mexico.The contract is expected to commence in September 2018 and last for 80 days, followed by four one-well, priced options.
ExxonMobil inks patent agreement with Pason Systems
ExxonMobil has awarded to Pason Systems, Inc. the first global license of its patented Drilling Advisory System, a key component of the company’s Fast Drill technology suite. The licensing agreement accelerates the technology’s commercialization by combining Pason’s expertise in drilling data and ExxonMobil’s experience in drilling surveillance and optimization. Fast Drill combines high-end modeling of drilling physics with structured well planning and design to identify limiters and maximize performance.
An Engine Oil Goes the Distance
An inspection of one of two main engines on a U.S. inland waterways vessel revealed that ExxonMobil’s Mobil Delvac 1 ESP 5W-40 diesel engine oil provided outstanding protection and cleanliness for a Cummins KTA38 marine diesel main engine after nine years of continuous use. The engine had accumulated 21,782 running hours with an initial fill of Mobil Delvac 1 ESP 5W-40 engine oil. Mobil SignumSM oil analysis was used to closely monitor the health of the engine throughout this period, with support from the ExxonMobil field engineering team.
ExxonMobil Joins with Eagle LNG, Crowley on LNG Marine Fueling
ExxonMobil, Eagle LNG Partners LLC (Eagle LNG Partners) and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The goal is to establish the storage and technical support necessary to provide safe, reliable LNG delivery for vessel operators bunkering in North America. The three companies signed a Memorandum of Understanding (MoU) on June 27, 2017. The parties will initially focus their efforts in Florida before expanding to other North American markets.
ExxonMobil Expands Mass Flow Metering System in Hong Kong
ExxonMobil introduced its second independently accredited mass flow metering system (MFMS) in Hong Kong onboard the bunker vessel, Anelly. It follows the introduction of the first independently accredited MFMS in Hong Kong fitted on the barge, Anshing. The expansion will help to meet increased customer demand for fuel deliveries via an accredited MFMS, due to the cost and efficiency benefits. Both metering systems are fully accredited by Lloyd’s Register, in partnership with A*STAR’s National Metrology Center…
ExxonMobil Contributes $ 0.5 Mln to Louisiana Flood Relief
Exxon Mobil Corporation (NYSE:XOM) announced today that it will donate $500,000 to the American Red Cross and the Greater Baton Rouge Food Bank to support local flooding disaster relief assistance in Louisiana. “Our thoughts and prayers are with our friends and neighbors in Louisiana who have been impacted by storms and severe flooding in the region," said Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation. ExxonMobil employs more than 5,500 employees and contractors in the Baton Rouge area where it has operated for more than 100 years.
ExxonMobil's Canada Offshore Project Produces First Oil
The Hebron oil project off the coast of eastern Canada has produced its first oil, operator Exxon Mobil said on Tuesday, in a boost to Atlantic Canada's output after years of weak crude prices. At its peak Hebron will produce up to 150,000 barrels per day (bpd), Exxon said. It will help Atlantic Canada offshore production climb 44 percent to 307,000 bpd by 2024, according to estimates from the Canadian Association of Petroleum Producers. The platform is located 200 miles (350 kilometres) off the coast of Newfoundland and Labrador in depths of 300 feet (92 metres) and the oil field…
BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project
BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development. The Big 3 oil companies have told state lawmakers that the proposal on the table to pipe, liquefy and export North Slope natural gas is uneconomic and they won't move forward as partners. However, they said they would sell their natural gas to a state-developed project if it comes to fruition, which is more in doubt than ever. A report in WSJ said that Exxon Mobil Corp.
Guyana Government Goes with ExxonMobil
Guyana's Minister of Natural Resources, Raphael Trotman said while there is no perfect contract, the government is comfortable with the terms and conditions spelt out in the Stabroek Petroleum agreement between itself and ExxonMobil and prefers a long-term, stable relationship with one exploration company rather than several. “We recognised that we had with us a company that had made a discovery, had a binding contract with the government and people of Guyana which had been signed in 1999…
ExxonMobil Announces Oil Discovery Offshore Guyana
Exxon Mobil Corporation announced its sixth oil discovery offshore Guyana since 2015, following positive results from its Ranger-1 exploration well. The Ranger-1 well discovery adds to previous discoveries at Liza, Payara, Snoek, Liza Deep and Turbot, which are estimated to total more than 3.2 billion recoverable oil-equivalent barrels. ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. began drilling the Ranger-1 well on November 5, 2017 and encountered approximately 70 meters of high-quality, oil-bearing carbonate reservoir.
Pavilion Energy, ExxonMobil Join on Singapore LNG Bunkering
Pavilion Energy Pte Ltd (Pavilion) and Exxon Mobil Corp. (ExxonMobil) will work together to develop liquefied natural gas (LNG) bunkering in Singapore, as well as other downstream projects, reports the Straits Times. Both companies will also look at developing other downstream projects here, said Pavilion Energy chief executive Seah Moon Ming. The downstream sector typically refers to the processing and selling, or distribution of gas. Seah said that the collaboration is aimed at establishing and fine-turning LNG bunkering procedures, starting with truck-to-ship deliveries.
New LNG Bunkering Solutions to Be Developed for Singapore
ExxonMobil and Pavilion Energy Pte Ltd are collaborating to develop solutions for liquefied natural gas (LNG) bunkering and other downstream developments in Singapore. With LNG growing in significance as part of the marine fuel mix, ExxonMobil is working toward providing vessel operators with access to a range of fuel options to suit their specific requirements, while helping them to comply with emission regulations. ExxonMobil brings to this partnership strengths in LNG shipping and terminal operations. ExxonMobil will support Pavilion Energy in establishing LNG bunkering procedures starting with truck to ship deliveries, as well as the safety and operational standards for LNG bunkering in Singapore.
ExxonMobil Fires its New R&D Test Engine
ExxonMobil announced the first firing of its new crosshead slow speed test engine to drive its research and development of next generation cylinder and system oils for the marine industry. The test engine will provide ExxonMobil with a platform for meeting the needs of increasingly complex engine designs driven by changing regulation affecting the industry. Engines are now operating under more varied and demanding conditions, placing new challenges on the engine lubrication. The test engine offers an advanced method for lubricant development…
Arctic: ExxonMobil Exits, Rosneft Goes Ahead
Russian state oil company Rosneft will continue geological explorations in the Arctic offshore zone after ExxonMobil quits the joint projects, reports TASS. The report qouted Natural Resources Minister Sergey Donskoy saying that the Arctic licenses will remain with Rosneft and the company "plans to continue to operate there". Exxon Mobil decided to withdraw from the joint projects with Rosneft in late 2017 after Washington issued a legal act expanding against Russia. According to the document, in 2013 and 2014 Exxon Mobil and Rosneft created various entities for operations in oil exploration.
ExxonMobil Wins Eight Deepwater Blocks in Brazil
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round. The blocks awarded add about 640,000 net acres to the ExxonMobil portfolio. Six of the eight newly awarded blocks will be operated by ExxonMobil. The additional blocks expand the company’s total position in the country to more than two million net acres, making it one of the largest acreage holders among international companies in Brazil.
Collaborators to Develop LNG Deliveries in North UK and North Sea
Aiming to develop the infrastructure, storage and technical support needed to enable safe liquefied natural gas (LNG) operations for customers in the north of the U.K. and North Sea, including bunkering, partners ExxonMobil, Babcock International Group, Bernhard Schulte Shipmanagement (BSM), Calor and Orkney Islands Council have signed an agreement to collaborate in the Caledonia LNG project. The parties signed a Memorandum of Understanding (MOU) on November 22 to investigate opportunities to supply LNG for marine and land-based applications.
ExxonMobil Inks Deal to Collaborate on Caledonia LNG Project
ExxonMobil, Babcock International Group, Bernhard Schulte Shipmanagement (BSM), Calor and Orkney Islands Council have signed an agreement to collaborate in the “Caledonia LNG ” project. The aim is to develop the infrastructure, storage and technical support needed to enable safe liquefied natural gas (LNG) operations for customers in the north of the UK and North Sea, including bunkering. The parties signed a Memorandum of Understanding (MOU) on 22 November to investigate opportunities to supply LNG for marine and land-based applications.
ExxonMobil Reveals First Locations for 2020 Compliant Fuels
ExxonMobil announced it will supply fuels that comply with the International Maritime Organization’s (IMO) 0.5 percent sulfur cap in ports in Northwest Europe, the Mediterranean and Singapore, with additional locations to be announced throughout 2018. “Our new suite of compliant fuels will include residual and distillate grades. We are at a very advanced stage in the development of these fuels, therefore making us well positioned to help customers meet the reduced sulfur limit ahead of the IMO’s 2020 implementation date,” said Luca Volta, Marine Fuels Venture Manager, ExxonMobil.
ExxonMobil Sees PNG LNG Producing at 16 pct Above Nameplate
ExxonMobil expects to deliver 7.9 million tonnes of liquefied natural gas from Papua New Guinea this year, around 14 percent above nameplate capacity of its PNG LNG plant, says a report in Reuter's quoting the company's PNG head. The PNG LNG plant, operated by its biggest owner ExxonMobil, can produce at more than 8 million tonnes a year or 16 percent above original design specifications, ExxonMobil's PNG managing director Andrew Barry said at a conference in Sydney. "The benefits…
ExxonMobil Marks World Malaria Day With $10 Mln Grant
programs across Africa and in the Pacific Rim, where the disease is a major threat to health and economic development. The grants from ExxonMobil and the ExxonMobil Foundation will support a wide range of research, advocacy, treatment and prevention programs to accelerate progress in the fight against malaria, which still claims more than 627,000 lives each year, mostly children under the age of five. In addition to funding, ExxonMobil provides business expertise and insights to help strengthen these initiatives.
ExxonMobil Rolls Out New Hydraulic Oils
ExxonMobil said its new Mobil SHC Aware HS (Hydraulic System) Series hydraulic oils are specially formulated to offer excellent protection, even in marine operating environments. The oils meet the U.S. Vessel General Permit (VGP) requirements for Environmentally Acceptable Lubricants, making them suited for operators in U.S. inland and coastal waters.According to ExxonMobil , the new oils’ balanced formulation helps to offer a range of performance benefits, including protection across a wide temperature range…
ExxonMobil Launches MFMS for Marine Gas Oil in Singapore
ExxonMobil said it is launching its mass flow metering system (MFMS) for marine gas oil (MGO) in Singapore, with the first barge deliveries set to start in May 2018.The Maritime and Port Authority of Singapore (MPA) has mandated that all distillates must be delivered via a MFMS from July 1, 2019. ExxonMobil worked closely with the MPA during a trial that was concluded in October 2017 and is now in a position to launch its MFMS for MGO deliveries ahead of the deadline.According to ExxonMobil…
ExxonMobil Awards FPSO Contract to SBM Offshore
ExxonMobil subsidiary Esso Exploration and Production Guyana Limited has awarded contracts to SBM Offshore for a Floating Production, Storage and Offloading vessel (FPSO) for the Liza development and production in Guyana. Under the FPSO contracts, SBM Offshore will perform Front End Engineering and Design for the FPSO, and, subject to a final investment decision on the project in 2017, will construct, install and operate the FPSO. The Liza field has a potential resource estimate in excess of 1 billion oil-equivalent barrels and is located in the Stabroek block, which covers almost 27,000 square kilometers, approximately 193 kilometers offshore Guyana. Esso Exploration and Production Guyana Limited is the operator and holds a 45 percent interest in the Stabroek block.