Exxon Mobil Corporation’s XOM subsidiary, ExxonMobil Egypt, has announced a significant gas discovery in the western Mediterranean Sea off Egypt’s coast. The discovery was made through the ...

ExxonMobil has made a potential play opening discovery in Egypt's frontier Herodotus basin on a prospect that, before drilling began, was estimated could hold up to 5 trillion cubic feet of gas.

ExxonMobil is a major integrated energy company, principally engaged in the exploration and production of crude oil and natural gas, as well as the transportation and marketing of petroleum products.

Exxon Mobil Corporation XOM, the U.S. oil and gas giant, has begun exploratory drilling offshore Cyprus in partnership with QatarEnergy to tap into the potential natural gas reserves in the region.

The well was drilled by the Valaris DS-9 drillship. Gas bearing reservoirs were encountered, and ExxonMobil will continue to evaluate the results. ExxonMobil is operator in North Marakia block ...

US major ExxonMobil and Qatar Energy, have launched a new drilling operation off Cyprus as they seek to tap the Mediterranean island's offshore gas, officials said on Friday. President Nikos ...

Exxon Mobil Corp. discovered natural gas off Egypt’s Mediterranean coast, a find that could prove significant for the North African nation looking to revive faltering production. Exxon completed ...

ExxonMobil has started drilling an exploration well offshore Cyprus on a huge gas prospect that, if successful, could be a huge boost to the country’s economy. The US supermajor has already ...