ExxonMobil

ExxonMobil and its partners will invest more in Block 15 offshore Angola to increase production. As operator, ExxonMobil will complete a multiyear drilling program and install new infrastructure technology to increase capacity of existing subsea flowlines. The project is expected to add 40,000 B/D of oil. Under the agreement, Esso Angola will have 36% interest, BP Exploration 24%, Eni Angola Exploration 18%, and Equinor Angola 12%.