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ExxonMobil to expand upstream investments in Egypt

Chairman and Managing Director of ExxonMobil Egypt, Amr Abou Eita, said the supermajor plans to expand its upstream exploration in Egypt while growing Mobil service stations network across the country.

Eita added: “Additionally, we are interested in evaluating low-carbon solutions opportunities. The recent relocation to a state-of-the-art new head office is a reflection of a new era that aligns with the company’s vision to achieve further innovation, expansion, and progress.”

The company’s journey towards long-term investments to maintain its leading position in the Egyptian market is built on the bonds of trust and constructive communication with ExxonMobil Egypt’s business partners, Abou Eita said during a recent event.

In January 2023, ExxonMobil secured exploration rights to two blocks offshore Egypt, which are situated in the outer Nile Delta and cover more than 11,000 square kilometres.