Exploration

‘Incredible pace’: Rapid development now key to ExxonMobil's E&P

Timelines to explore blocks and bring new resources to market have shrunk massively as operators seek to move quickly on new prospects

U.S. Special Envoy Steve Witkoff and Azerbaijan President Ilham Aliyev witness a signing ceremony on energy cooperation between ExxonMobil Vice President John Ardill and Azerbaijan Minister of Economy Mikayil Jabbarov at the Waldorf Astoria hotel in Washington, D.C., August 7, 2025.
U.S. Special Envoy Steve Witkoff and Azerbaijan President Ilham Aliyev witness a signing ceremony on energy cooperation between ExxonMobil Vice President John Ardill and Azerbaijan Minister of Economy Mikayil Jabbarov at the Waldorf Astoria hotel in Washington, D.C., August 7, 2025.Photo: REUTERS/SCANPIX
Breaking News EditorLondon
Published 17 October 2025, 11:49Updated 17 October 2025, 11:49
AfricaNorth AfricaAmericasNorth AmericaCentral America & Caribbean