Difference between revisions of "Exxon Mobil: Who, Where, How Much?"

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The corporation’s headquarters is in Irving, Texas, USA.
 
The corporation’s headquarters is in Irving, Texas, USA.
  
Exxon Mobil Corporation
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[[Exxon Mobil Corporation]]
 
5959 Las Colinas Boulevard
 
5959 Las Colinas Boulevard
 
Irving, TX 75039-2298
 
Irving, TX 75039-2298
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Other offices include:
 
Other offices include:
  
Exxon Chemical
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[[Exxon Chemical]]
 
13501 Katy Fwy
 
13501 Katy Fwy
 
Houston TX 77079
 
Houston TX 77079
 
Phone: +1 (0)800 231 6633
 
Phone: +1 (0)800 231 6633
  
Exxon Coal & Minerals
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[[Exxon Coal & Minerals]]
 
2401 S. Gessner
 
2401 S. Gessner
 
Houston TX 77063
 
Houston TX 77063
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Fax: +1 (0)713 9785404
 
Fax: +1 (0)713 9785404
  
Exxon International
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[[Exxon International]]
 
200 Park Ave
 
200 Park Ave
 
Florham Park NJ 07932
 
Florham Park NJ 07932
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UK
 
UK
You can find Esso’s major locations on an interactive map on their web site www.esso.com/eaff/essouk/glance/britain.html. Their main locations are in Leatherhead, West London, Abingdon, Fareham, Fife, Fawley and Purfleet.
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You can find [[Esso]]’s major locations on an interactive map on their web site www.esso.com/eaff/essouk/glance/britain.html. Their main locations are in Leatherhead, West London, Abingdon, Fareham, Fife, Fawley and Purfleet.
  
 
See below for descriptions of some of the places.
 
See below for descriptions of some of the places.
  
 
Leatherhead
 
Leatherhead
Leatherhead is the HQ of Esso UK plc, Esso Exploration & Production and Esso Petroleum Company. Up to 1000 staff work there [17]. It is a purpose built complex of offices, used initially for administrative functions when the head office used to be at Victoria Street. Based here are sales & marketing, IT, gas, some of human resources, logistics, some of exploration, some of finance.
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Leatherhead is the HQ of [[Esso UK plc]], [[Esso Exploration & Production]] and [[Esso Petroleum Company]]. Up to 1000 staff work there [17]. It is a purpose built complex of offices, used initially for administrative functions when the head office used to be at Victoria Street. Based here are sales & marketing, IT, gas, some of human resources, logistics, some of exploration, some of finance.
  
Exxon Mobil House
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[[Exxon Mobil House]]
 
Ermyn Way
 
Ermyn Way
 
Leatherhead
 
Leatherhead
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London offices
 
London offices
Mobil Court in London is HQ of UK upstream units (Mobil North Sea, Esso Exploration and Production, Mobil Gas Marketing) and of ExxonMobil International. Trade journal Lloyds List describes its role as a ‘centre of excellence’ responsible for European and African upstream operations [18]. Prior to the merger, Mobil had 900 upstream staff in London [19].
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Mobil Court in London is HQ of UK upstream units ([[Mobil North Sea]], [[Esso Exploration and Production]], [[Mobil Gas Marketing]]) and of [[ExxonMobil International]]. Trade journal [[Lloyds List]] describes its role as a ‘centre of excellence’ responsible for European and African upstream operations [18]. Prior to the merger, Mobil had 900 upstream staff in London [19].
  
 
The London office is described as ‘European upstream headquarters’. The finance division is based there (deals with internal finance) [20].
 
The London office is described as ‘European upstream headquarters’. The finance division is based there (deals with internal finance) [20].

Revision as of 12:25, 10 July 2007

Worldwide Exxon Mobil conducts business in almost 200 countries worldwide [16]. For information on the different ExxonMobil companies and affiliates, see www.exxonmobil.com/affiliate/, or look at the map of worldwide operations divided up into upstream, downstream, chemical and coal & mineral www.exxonmobil.com/opsmap/index.html.

The corporation’s headquarters is in Irving, Texas, USA.

Exxon Mobil Corporation 5959 Las Colinas Boulevard Irving, TX 75039-2298 Phone: +1 (0) 972 444 1000 Fax: +1 (0)972 444 1350

Other offices include:

Exxon Chemical 13501 Katy Fwy Houston TX 77079 Phone: +1 (0)800 231 6633

Exxon Coal & Minerals 2401 S. Gessner Houston TX 77063 Postal address: PO Box 1314, Houston, TX 77251-1314 Phone: +1 (0)713 978 5333 Fax: +1 (0)713 9785404

Exxon International 200 Park Ave Florham Park NJ 07932 Phone: +1 (0)201 765 7000

UK You can find Esso’s major locations on an interactive map on their web site www.esso.com/eaff/essouk/glance/britain.html. Their main locations are in Leatherhead, West London, Abingdon, Fareham, Fife, Fawley and Purfleet.

See below for descriptions of some of the places.

Leatherhead Leatherhead is the HQ of Esso UK plc, Esso Exploration & Production and Esso Petroleum Company. Up to 1000 staff work there [17]. It is a purpose built complex of offices, used initially for administrative functions when the head office used to be at Victoria Street. Based here are sales & marketing, IT, gas, some of human resources, logistics, some of exploration, some of finance.

Exxon Mobil House Ermyn Way Leatherhead SURREY KT22 8UX Phone: +44 (0)1372 222 000 Fax: +44 (0)1372 222 424

London offices Mobil Court in London is HQ of UK upstream units (Mobil North Sea, Esso Exploration and Production, Mobil Gas Marketing) and of ExxonMobil International. Trade journal Lloyds List describes its role as a ‘centre of excellence’ responsible for European and African upstream operations [18]. Prior to the merger, Mobil had 900 upstream staff in London [19].

The London office is described as ‘European upstream headquarters’. The finance division is based there (deals with internal finance) [20]. 3 Clements Inn London WC2A 2EB

West London Terminal, Heathrow Fuels Customer Service Centre, Central Operations Group and Senior Management are based here.

Fareham, Hampshire Exxon Chemical’s Head Office, close to Southampton and the M27.

ExxonMobil Chemical ltd P.O. box 122 4600 Parkway Solent Business Park Whitley Fareham Hampshire PO15 7AP

Fawley Situated on the Solent near Southampton is Fawley, Britain’s largest refinery (uses as much electricity as Southampton does) [21].

Major process units at Fawley include: 3 atmospheric + 3 vacuum distillation units, a fluid catalytic cracking unit, a resid finer, a polymerisation plant, 2 powerformers, 5 hydrofiners, 2 sulphur extraction units, a lubricating oil manufacturing complex, an isomerisation unit and a bitumen plant [22].

Crude oil arrives in 80,000 tonne tanker ships [23]. The Marine Terminal has 5 deep-sea berths and 4 inshore berths. 2,500 ship movements per year (most of these taking products away) [24]. More than 25 million tonnes of oil and oil products pass through Southampton port per year, mostly for or from Fawley [25]. About half of the inputs are from the North Sea (sweet – low sulphur), half from the Middle East (sour) [26].

Exxon Chemical has a chemical manufacturing complex at Fawley, producing 700,000 tonnes of chemicals per year [27]. It produces ethylene, butylenes, butadiene, solvents, butyl and halobutyl rubber, lubricating oil, fuel oil additives, higher olefins for internediaries for the vinyl and plastics industries. It also produces speciality chemicals for oil exploration, extraction and refining industries [28]. About 80% is exported – many to Exxon Chemical plants in Europe. Chemical products for UK markets go first by ship to two terminals at Purfleet or one at Immingham [29]. About 600 work at Fawley for Exxon Chemical [30].

Last year a combined heat and power plant (CHP) was set up at Fawley. It produces 135MW of electricity, and 150 tonnes of steam per hour, which is fed back into the refinery. The site is on Esso land, but the plant is owned by Cogen, National Power’s CHP subsidiary, and is operated by Esso employees [31].

Fawley Southampton SO45 1TX Phone: +44 (0)1703 896712

Mossmoran plant Mossmoran is fed directly from the North Sea, via St Fergus terminal. Its products are distributed by pipeline to UK markets or by ship to Europe. 250 employees on Mossmoran site [32]. 50% owned by Shell Chemicals UK [33].

Purfleet Lubricants Plant Responsible for manufacture, packing & distribution. Blends base stocks, which come by ship from Fawley. It is also a major distribution terminal for fuels and other products. Leading brands are Mobil 1 and Esso Ultron. Over 400 different types of lubricants are blended at Purfleet for industry [34].

Call centre, Manchester Due to open in the summer, at Salford Quays, with 300 staff. Dealing with enquiries from retail, wholesale and industrial customers across Europe [35].

Aberdeen office The Mobil North Sea office in Aberdeen has been kept after the merger, but with a reduction in staff numbers from the former 400 [36].

The Distribution network ExxonMobil claims to operate the largest underground pipeline network in the UK [37] : 00 km in total. 85% of Fawley’s products leave by pipeline to distribution terminals or airports (including Heathrow + Gatwick). Short pipelines feed local power stations and petrochemical works [38]. 10% leaves by ship, taking products to terminals in UK and Europe, and just 5% by road.

There are distribution terminals at West London (near Heathrow), Purfleet, Avonmouth, Birmingham, Nottingham, Hythe (near Fawley) and Manchester. West London is the biggest terminal [39].

Esso also shares a terminal in Plymouth with Conoco (Mayflower Distribution Terminal) and one in Belfast with BP (Belfast Fuels Terminal) [40].

Esso has its own fleet of 100 road tankers [41], which take the products from terminals to petrol stations and to industrial customers. Esso also uses contractors for this.

Garages get their fuel from the nearest refinery – whichever company owns it, so if you watch tankers coming out of Fawley, you will see all company liveries. When Fawley was blockaded last year, The Automobil Association said half the petrol stations on the south coast could be affected [42]. But a report in Octane Week confirms the assertion on Esso’s website that 80% are supplied from Fawley – noting that the new ultra low sulphur gasoline from Fawley was being sold at 80% of Esso’s petrol stations, and the remaining 20% weren’t supplied from there [43].

Back to top Structure / Ownership

ExxonMobil is structured and managed by business activity, on a global basis, rather than by country. New ExxonMobil structure, following merger, organises into 11 separate global businesses:

• five upstream: exploration, development, production, gas marketing, upstream research • four downstream: refining & supply, fuels marketing, lubricants & petroleum specialities, technology • chemicals • coal & minerals

While the move is to global organisation, there are practical (geographical) limits to the ability to do this. For example, upstream and downstream operations in the UK both have the same chairman, and are based in the same office. But the move is new, so it remains to be seen to what extent the globalisation policy is implemented.

To give an idea of their grouping, one senior manager of ExxonMobil board is responsible for all upstream divisions, another for all downstream, and another for the chemicals and coal & minerals divisions.

Relative size of these areas in ExxonMobil globally according to Exxon-Mobil Financial & Operating Review (average capital employed, 2000):

Upstream 44.6% Downstream 31.7% Chemicals 15.8% Other + corporate 7.9%

Major shareholders

Top Institutional Holders of Exxon Mobil [44]: FMR Corporation (Fidelty Management & Research Corp) Barcleys Bank Plc Morgan (J.P.) Chase & Company State Street Corporation Mellon Bank, N.A. Vanguard Group, Inc. Putman Investment Management, Inc. Taunus Corporation TIAA Cref Investment Management, LLC Citigroup Inc.

Top Mutual Fund Holders [45]:

College Retirement Equities Fund-Stock Account Fidelity Magellan Fund Inc Vanguard Index 500 Fund Fidelity Growth And Income Portfolio Putnam Fund For Growth And Income AXP New Dimensions Fund Fidelity Contrafund Inc Vanguard Institutional Index Fund Fidelity Puritan Fund Inc Washington Mutual Investors Fund

Board of Directors Exxon Mobil [46]

The board currently is comprised of fifteen directors, eleven of which are non-employees.

Lee R. Raymond Chairman of the Board of Directors and Chief Executive Officer

Eugene A. Renna Senior Vice President

René Dahan Senior Vice President

Harry J. Longwell Senior Vice President

Michael J. Boskin T.M. Friedman Professor of Economics and Senior Fellow, Hoover Institution, Stanford University

William T. Esrey Chairman and Chief Executive Officer, Sprint Corporation (a global communications company integrating long distance, local and wireless communications services and one of the world’s largest carriers of Internet traffic)

Donald V. Fites Retired Chairman and Chief Executive Officer, Caterpillar Inc. (manufacturer of construction, mining, and agricultural machinery and engines)

Charles A. Heimbold, Jr Chairman and Chief Executive Officer, Bristol-Myers Squibb Company (manufacturer of consumer products and pharmaceuticals)

James R. Houghton Chairman of the Board Emeritus, Corning Incorporated (communications, advanced materials and display products)

William R. Howell Chairman Emeritus, J.C. Penney Company, Inc. (department store and catalogue chain)

Helene L. Kaplan Of Counsel, Skadden, Arps, Slate, Meagher & Flom LLP (law firm)

Reatha Clark King President and Executive Director, General Mills Foundation; Vice President, General Mills, Inc. (manufacturer and marketer of consumer food products)

Philip E. Lippincott Chairman of the Board, Campbell Soup Company (global manufacturer and marketer of high quality, branded convenience food products); Retired Chairman and Chief Executive Officer, Scott Paper Company (sanitary paper, printing and publishing papers and forestry operations)

Marilyn Carlson Nelson Chairman and Chief Executive Officer, Carlson Companies, Inc.; Co-Chair, Carlson Holdings, Inc. (travel, hotels, restaurants and marketing services)

Walter V. Shipley Retired Chairman of the Board, The Chase Manhattan Corporation and The Chase Manhattan Bank (banking and finance)

Executives

Lee R. Raymond Chairman of the Board and Chief Executive Officer E. G. Galante Senior Vice President R. W. Tillerson Senior Vice President H. J. Longwell Executive Vice President, Director E. A. Renna Executive Vice President, Director R. Dahan Executive Vice President, Director M. E. Foster President, ExxonMobil Development Company F. A. Risch Vice President, Treasurer D. D. Humphreys Vice President, Controller C. W. Matthews Vice President, General Counsel T. P. Townsend Vice President of Investor Relations, Secretary P. E. Sullivan Vice President and General Tax Counsel H. R. Cramer Vice President K. T. Koonce Vice President S. R. McGill Vice President S. D. Pryor Vice President D. S. Sanders Vice President J. S. Simon Vice President The two Senior Vice Presidents, the three Executive Vice Presidents and the Chairman and CEO, L. R. Raymond, constitute the Corporation's Management Committee.

Principal directors in the UK Esso UK plc [47]:

Ansel Condray (Chairman) Ansel Condray helped Bush to draft the voluntary Clean Act Programme for Texas when Bush was governor there in 1997 (see also Links with Government) [48]. Took over from Keith Taylor, 26/2/00. Taylor was a very public figure, both in the industry and outside it – President of Institute of Chemical Engineers, vice president of the Institute of Petroleum, council member of CBI, Business in the Community and the Institute of Business Ethics. He died of cancer in September 2000 [49].

SC Spancake (Finance Director) SC Polkey (Fuels Marketing) D Carr (Logistics & Refining) JV Genova (International Gas Marketing) RG Bellis (Exploration) All executive directors of Esso UK plc (all male).

Condray, Genova and Bellis all have Europe-wide roles in ExxonMobil International [50].

Other directors:

SBL Penrose (Finance Director, Esso Petroleum Co Ltd, Esso Exploration & Production UK Ltd, Mobil Gas Marketing Ltd) [51] ME Clifton (Mobil Gas Marketing) [52] John Cousins (Executive vice president, ExxonMobil International Ltd). [53]

ExxonMobil Chemical [54]

MJ Lane (Chairman) RH Coleman DJ Hartgerink

ExxonMobil Aviation International [55]

JAC Bell E Biriotti RM Cooper IC Downie

Back to top Subsidiaries

Worldwide

ExxonMobil has numerous functional and service organisations. One example is ExxonMobil Development Company, responsible for overall stewardship of project development and drilling activities for the Corporation's worldwide upstream operations. There is a whole range of other companies recognisable by Exxon, Mobil and / or Esso name. Some of the companies are not so easily recognisable by name, like Imperial Oil Limited, Monetary Coal Company, Compania Minera Disputada de Las Condes Limitada (Chile), International Colombia Resources Corporation LLC (intercor) (Colombia) etc.

To get an overview of some of ExxonMobil’s different companies, check out ‘Our Activities’ at www.exxonmobil.com/opsmap/index.html. The most comprehensive overview can be obtained by looking in the Who Owns Who directory of North America (can be found in most libraries).

UK In the UK, the Esso business consists of the holding company Esso UK plc and two operating businesses – Esso Exploration and Production UK Limited, and Esso Petroleum Company Limited.

ExxonMobil has 6 main UK operating companies

Upstream: Esso Exploration & Production UK Ltd Mobile North Sea Ltd Mobil Gas Marketing (U.K) Ltd

Downstream: Esso Petroleum Company, Ltd Mobil Lubricants UK Ltd Chemicals: ExxonMobil Chemical Ltd

There are also a number of ExxonMobil international business areas which are co-ordinated from the UK, by the following subsidiaries:

ExxonMobil Aviation International Ltd ExxonMobil Marine Fuels Ltd International Marine Transportation Ltd Mobil Marine Lubricants ExxonMobil International Ltd (oversees the upstream operations within Europe and West Africa) ExxonMobil Sales and Supply Corporation

Esso Petroleum Company owns (100%) the following: Cleveland Petroleum Company Ltd, Comma Oil & Chemicals Ltd, Dart Oil Company Ltd, Redline Oil Services Ltd and Retail Petroleum Services Ltd. Also owns 74.9% of Mode Wheel Property Ltd [56] and 65% of Mainline Pipelines Ltd [57].

Back to top

References [16] ExxonMobil’s web site, www.exxonmobil.com/opsmap/ [17] Aberdeen Press & Journal, 2/12/98, ‘Jobs fears as oil firms get hitched up’ gives 2,500 between Leatherhead and Fawley. Esso video, ‘Graduate opportunities in Esso – a closer look’, 2000, says 1,500 staff at Fawley. [18] Lloyd’s List 4/12/99, ‘Oil – Exxon Mobil predicts big savings’, by Helen Carr [19] London Aberdeen Press & Journal, 2/12/98, ‘Jobs fears as oil firms get hitched up’ [20] ExxonMobil, ‘We cover a lot of ground’, recruitment brochure, 2000 [21] Esso – ‘Refining’, Dec ‘96 [22] Institute of Petroleum, Annual statistics, 1998/99, p.6 [23] from refinery delivery updates, Lloyds List – always 80,000t [24] Institute of Petroleum, Annual statistics, 1998/99, p.6 [25] Lloyds List, 27/1/97, Special report on Southampton: ‘Dredging programme the key to the future’ [26] Esso – ‘Refining’, Dec ‘96 [27] Esso video, ‘Graduate opportunities in Esso – a closer look’, 2000 [28] Institute of Petroleum, Annual statistics, 1998/99, p. 6 [29] Esso – ‘Refining’, Dec ‘96 [30] ‘Esso in the UK’, Dec ‘96 [31] Hart’s European Fuel News, 8/12/99, ‘Esso Fawley refinery gets new Cogen plant [32] Esso video, ‘Graduate opportunities in Esso – a closer look’, 2000 [33] Esso – ‘Refining’, Dec ‘96 [34] ExxonMobil, ‘Activities in the United Kingdom’, pamphlet, April 2001 [35] Lloyd’s List 4/12/99, ‘Oil – Exxon Mobil predicts big savings’, by Helen Carr [36] Manchester Evening News 1/3/01, ‘Jobs bonanza - but mind your language’ [37] ExxonMobil, ‘Activities in the United Kingdom’, pamphlet, April 2001 [38] Institute of Petroleum, Annual statistics, 1998/99, p. 6 [39] Esso / Exxon Chemical – ‘Forward focus – Graduate opportunities’, summer 1998. [40] Esso Newsline, Feb ’98, p.5 [41] Esso video, ‘Graduate opportunities in Esso – a closer look’, 2000 [42] Evening Express, Aberdeen, 12/9/00, ‘UK in gridlock’ [43] Octane Week, 4/12/00, ‘UK weighs more tax cuts to spark sales of ultra low-sulfur gasoline’ [44] Yahoo Finance web site, http://biz.yahoo.com/hd/x/xom.html, viewed 1/9/01 [45] Yahoo Finance web site, http://biz.yahoo.com/hd/mf/x/xom.html, viewed 1/9/01 [46] ExxonMobil annual report 2000 [47] Esso UK plc, interim accounts, 15/3/01, from Companies House [48] A Decade of Dirty Tricks, ExxonMobil’s attempts to stop the world tackling climate change, a briefing by Greenpeace (July 2001), online at www.stopesso.com/pdf/Dirty%20Tricks.pdf [49] The Times, 16/10/00, ‘Keith Taylor – obituary’ [50] Hart’s European Offshore Petroleum Newsletter, 26/1/00, ‘Europe: Oil & gas people’ [51] Esso Petroleum Co Ltd, annual accounts for year ending 31/12/99, filed at Companies House 12/4/00; Esso Exploration & Production UK Ltd, annual accounts for year ending 31/12/99, filed at Companies House 9/5/00; Mobil North Sea Ltd, annual accounts for year ending 31/12/99, filed at Companies House 2/11/00 [52] RS Franklin (Mobil Gas Marketing) Hart’s European Offshore Petroleum Newsletter, 26/1/00, ‘Europe: Oil & gas people’ [53] Mobil North Sea Ltd, annual accounts for year ending 31/12/99, filed at Companies House 2/11/00 [54] Exxon Chemical Ltd, annual accounts for year ending 31/12/99, filed at Companies House 13/6/00 [55] ExxonMobil Aviation International Ltd, annual accounts for year ending 31/12/99, filed at Companies House 23/10/00 [56] Esso Petroleum Co Ltd, annual accounts for year ending 31/12/99, filed at Companies House 12/4/00 [57] Esso Petroleum Co Ltd, annual accounts for year ending 31/12/99, filed at Companies House 12/4/00