(WO) – ExxonMobil has reached settlement to extend its working curiosity within the Rovuma LNG challenge in Mozambique to 50% and in Papua LNG in Papua New Guinea to 34%, the corporate mentioned in its third-quarter 2026 outcomes on Oct. 30. ExxonMobil already operates Rovuma, and the corporate mentioned it has assumed operatorship at Papua LNG. The discharge didn’t title the counterparties or give phrases.
The corporate additionally reported cumulative manufacturing milestones of 1 billion barrels (Bbbl) at each its Guyana operations and the Kearl oil sands challenge in Canada, and 100 million tons at PNG LNG.
Upstream manufacturing averaged 4.496 MMboed within the third quarter, in contrast with 4.514 MMboed within the second quarter.
ExxonMobil mentioned quantity development in Guyana, the Permian basin and Golden Cross LNG lifted year-to-date upstream earnings, partly offset by Center East quantity impacts. In contrast with the second quarter, upstream earnings fell on decrease costs and an accelerated Guyana entitlement affect.
On carbon seize and storage, the corporate reported a startup at Nucor and approval of the Rose carbon storage challenge.
ExxonMobil Holdings Corp. posted third-quarter earnings of $15.4 billion and mentioned it plans $20 billion of share repurchases in 2027.
