The latest discovery aligns well with management's stated aim of achieving 17% return on capital employed by 2030.
Papua LNG moves closer to a final investment decision after major cost, ownership and commercial changes.
TotalEnergies SE (NYSE:TTE) announced on September 7, 2026, that the 5.6 Mtpa Papua LNG project achieved critical commercial and contractual milestones toward a Final Investment Decision (FID). Key ...
ExxonMobil Holdings Corporation (NYSE:XOM) agreed to acquire an additional 9.10% stake in Papua LNG from TotalEnergies SE (ENXTPA:TTE) on September 7, 2026. Upon completion, ExxonMobil Holdings ...
Exxonmobil To Become Operator Of Project To Develop Azerbaijan's Unconventional Hydrocarbons. BAKU, Azerbaijan, September 26. ExxonMobil will become the operator of a project for the development of ...