The expansion allows the company to apply shale extraction expertise developed in North America to international markets. This move marks a strategic push to leverage specialized fracking capabilities to increase production in non-traditional geological formations abroad.
Wednesday, October 21, 2026
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ExxonMobil Signs Deal to Pump Azerbaijan Middle Kura Basin Shale
Commodities24 days ago
The Houston-based energy producer is deploying its US drilling technology to the Caucasus to unlock unconventional oil and gas reserves. ExxonMobil signed an agreement to extract petroleum and natural gas from shale fields in Azerbaijan's Middle Kura Basin using hydraulic fracturing.
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