ExxonMobil acquires oil rights in Ghana

January 22, 2018 1

U.S.’s oil supermajor ExxonMobil and the government of Ghana signed last week an agreement for the acquisition of exploration and production rights for the Deepwater Cape Three Points (DWCTP) block, Kallanish Energy reports.

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ExxonMobil, MagnaBond ink new well research agreement

January 18, 2018 0

ExxonMobil Upstream Research Co. has announced that it has signed a three-year joint development agreement with MagnaBond LLC to develop new well integrity technologies, Kallanish Energy reports. The project, if successful, could impact well construction and especially well decommissioning.

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Elliott seeks to oust Hess CEO or force sale

December 15, 2017 0

Hedge fund Elliott Management Corp. is readying for its second fight in four years with independent producer Hess Corp., looking to either force CEO John Hess from the company his father founded in 1933, or push him to consider selling all or part of the company.

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