New job on ExxonMobil’s seventh oil project takes ABL to Guyana
ABL Group has secured a contract for ExxonMobil's seventh oil project in the Stabroek block offshore Guyana. This highlights the continued development and investment in Guyana's significant offshore oil reserves.
Offshore Energy · March 11, 2026
ExxonMobil sets the wheels in motion to redomicile to Texas
ExxonMobil's board of directors has unanimously recommended that shareholders approve a move to change the company's legal domicile from New Jersey to Texas. This strategic decision aims to align the energy giant's corporate legal base with its primary operational hub and historical roots in Texas, reflecting a broader trend among major corporations to consolidate their legal and operational identities. The proposed redomiciliation is a significant internal corporate governance step, subject to shareholder approval.
Offshore Energy · March 10, 2026