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InterOil Corporation

@interoil.com

InterOil has grown to become a significant regional energy company and, as important, a trusted partner to communities & business

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InterOil Corporation is an oil and gas exploration and production company based in Singapore. It was founded in 1990 as InterOil Exploration and Production Limited and later changed its name to InterOil Corporation in 2004. The company's headquarters is located in Singapore.


InterOil primarily focuses on exploring and developing oil and gas resources. The company's main product is natural gas, which it produces and sells through its operated fields in Papua New Guinea. It has also engaged in the production of crude oil, liquefied petroleum gas, and condensate.


On a global scale, InterOil has established its presence mainly in the Asia-Pacific region. It has made significant investments in Papua New Guinea, with the aim of developing its natural gas resources. The company has formed joint ventures with major international oil and gas companies, such as Total S.


A. These joint ventures have allowed InterOil to leverage the expertise and resources of its partners to accelerate the development of its projects. In terms of market position, InterOil has established itself as a key player in the oil and gas industry.


Its focus on developing its natural gas resources in Papua New Guinea has positioned the company to capitalize on the growing demand for clean energy alternatives. InterOil's joint ventures and partnerships have also enabled it to strengthen its position in the market and enhance its global sales. In recent years, the company has achieved several significant milestones.


In 2016, InterOil announced a deal with ExxonMobil, whereby ExxonMobil would acquire InterOil for approximately $2. 5 billion. This acquisition allowed InterOil to further leverage the expertise and resources of ExxonMobil to develop its oil and gas projects.


As of the latest information available, InterOil is now a wholly-owned subsidiary of ExxonMobil, and its operations have been integrated into ExxonMobil's global portfolio. This acquisition has strengthened ExxonMobil's position in the Asia-Pacific market and has provided InterOil with the resources and support needed for its continued growth and success

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