Exploration

ExxonMobil quits two ultra-deepwater blocks offshore Brazil

Company had mapped nearly a dozen prospects but changed strategy after dry well in Sergipe-Alagoas basin

ExxonMobil chief executive Darren Woods.
ExxonMobil chief executive Darren Woods.Photo: AFP/SCANPIX
South America CorrespondentRio de Janeiro
Published 16 April 2025, 11:43Updated 16 April 2025, 11:43
BrazilExxonMobilPetrobrasANPSergipe-Alagoas