ExxonMobil and QatarEnergy to acquire a 25% stake in North Field East project.

ExxonMobil, an international petroleum and petrochemical company, and QatarEnergy, a state-owned petroleum company of Qatar, agreed to acquire a 25% stake in North Field East project. Financial terms were not disclosed. “We are collaborating with QatarEnergy on North Field East to accelerate the production of secure, affordable and cleaner energy our world needs. ExxonMobil has a long history of working in Qatar, responsibly producing energy, and we look forward to continuing our relationship for the benefit of all of our stakeholders," Darren Woods, ExxonMobil Chairman and CEO.