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Multinational ExxonMobil stops billion-dollar operations and cancels new investments in Russia

Written by Flavia Marinho
Published 03/03/2022 às 10:24
Updated 24/03/2022 às 10:41

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ExxonMobil supports the people of Ukraine and decides to stop and cancel billionaire investments related to oil and gas in Russia

Multinational ExxonMobil, the largest oil company in the USA, informed in a relevant fact to the market, on March 01, 2022, that it decided to stop operations on Sakhalin-1 and that it will not make new investments in Russia. The US oil company's measure aims to support the people of Ukraine and also ensure the safety of people, the protection of the environment and the integrity of operations.

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“ExxonMobil supports the people of Ukraine as they seek to defend their freedom and determine their own future as a nation. We deplore Russia's military action, which violates Ukraine's territorial integrity and endangers its people."

ExxonMobil expresses deep sadness at the loss of innocent lives and supports the strong international response. The oil company informs that it is fully complying with all sanctions.

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ExxonMobil operates the Sakhalin-1 project on behalf of an international consortium of Japanese, Indian and Russian companies. "In response to recent events, we are initiating the process to cease operations and developing steps to exit the Sakhalin-1 venture," the company said in the statement.

As the operator of Sacalina-1, ExxonMobil feels an obligation to ensure the safety of people, the protection of the environment and the integrity of operations. “Our role as an operator goes beyond an equity investment. The process to halt operations will need to be carefully managed and closely coordinated with co-adventurers to ensure it is carried out safely. Given the current situation, ExxonMobil will not invest in new developments in Russia,” the note concludes.

ExxonMobil invoices contracts in Brazil and calls for 78 vacancies in secondary, technical and higher education

The oil and gas market in Brazil is resuming with full force! On a daily basis, multinationals in the sector have offered job vacancies for different areas and levels of education. Today, opportunities for those who dream of working onshore or offshore have been opened by the largest oil company in the USA. Coincidence or not, ExxonMobil began exploration of the exploratory well in the SEAL-M-428 block, located in the Sergipe-Alagoas Basin, where it has a partnership with the oil giants Enauta and Murphy Oil. 

Stay tuned! With the start of exploration in the oil field in Sergipe, ExxonMobil may need more manpower and offer more jobs in the sector!

Remembering that Click Petróleo e Gás is not responsible for the recruitment and selection of job vacancies posted below. Open opportunities are the sole responsibility of ExxonMobil.

Check out the job openings open by ExxonMobil in Brazil below

Inscrição: Those interested in applying for the job vacancies above, to work in the largest oil company in the USA, can register their CV by clicking on the desired position above and/or directly on the company's website IN THIS LINK.

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses. Contact her for suggestions, job openings or advertising on our portal.

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