ExxonMobil lines up $24bn Nigeria deepwater push
ExxonMobil is committing a substantial multi-billion dollar investment, potentially up to $24 billion, towards deepwater oil and gas projects in Nigeria. This strategic move positions Nigeria as a key focus in the supermajor's global offshore portfolio, signaling a renewed emphasis on large-scale, capital-intensive deepwater developments.
Splash247 · April 13, 2026
TotalEnergies’ and Aramco’s SATORP refinery suffers operational shutdown
The SATORP refinery, a joint venture between TotalEnergies and Saudi Aramco in Jubail, Saudi Arabia, has experienced an operational shutdown due to damage to one of its two processing trains. This disruption could impact regional refined product supply and potentially influence global prices, depending on the extent and duration of the outage.
Offshore Technology · April 10, 2026