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Mobil 1 and Porsche Mobil 1 and Porsche An ExxonMobil publication Riding the wave Angola Block 15: In a class by itself PLUS Director profiles Aboriginal education U.S. math and science OFC1 2012 – 2 Number 2012 Let’s unlock the brilliance of 10,000 skilled teachers. By 2020, the National Math and Science Initiative’s UTeach program will have helped more than 10,000 undergrads earn both a degree in math or science and a teaching certificate. They’ll do it without spending extra time or money. Those highly skilled teachers will reach an estimated 4 million students nationwide. Join ExxonMobil in supporting programs like UTeach that raise the bar in math and science. Let’s invest in our teachers so they can inspire our students. Let’s solve this.SM exxonmobil.com/letssolvethis 1 Angola Block 15: Electrical Supervisor João Cruz (right) is a member of a workforce on Block 15 that includes nearly 300 Esso employees and several hundred contractors. 27 21 31 Cover photo by Robert Seale 15 Upfront Rex W. Tillerson Block 15 offshore Angola is a of Directors. These biographical production. Read how this new Chairman and CEO shining example of innovative sketches highlight the director’s technology is giving the company Mark W. Albers Senior Vice President resource development, deep- business career, achievements, a competitive edge on page 21. Michael J. Dolan water technology and strong, education and other personal Porsche is an iconic name in Senior Vice President ongoing cooperation between events. Beginning on page 5 are the automobile industry, and since Donald D. Humphreys Senior Vice President ExxonMobil, its co-venturers, profiles of Board Members Jay 1996 1 million Porsches have Andrew P. Swiger national oil company Sonangol, Fishman, Henrietta Fore and Peter left the factory filled with Mobil 1 Senior Vice President the Angolan government and Brabeck-Letmathe. synthetic motor oil. ExxonMobil Kenneth P. Cohen Vice President-Public and Government Affairs local suppliers. The National Math and Science and Porsche are continuing their David S. Rosenthal These collaborations are Initiative – with a $125 million strategic relationship, and the story Vice President-Investor Relations and Secretary providing needed energy to the commitment from Exxon Mobil detailing this alliance begins on Bob Davis Editor world – 450,000 barrels of oil a Corporation – is dramatically page 13. Pat Gabriel day – from a resource estimated to improving high school student Plus, how Imperial Oil is GCG Marketing Art Director be more than 5 billion barrels of oil math and science test scores, cultivating future scientists (page Len Shelton equivalent. Beginning on page 15, helping them do better in college. 33) and new exploration blocks in Photography Coordinator a series of compelling photographs Read more starting on page 27. Colombia (page 38). Cynthia Solomon Production and Distribution Coordinator captures a day in the life of this Thanks to the power of an We hope you enjoy this issue of world-class project that has just astounding supercomputer, The Lamp. expanded with the startup of new ExxonMobil scientists and Please address all Lamp correspondence, including requests to reproduce any portion undersea satellites. engineers are now capturing of the magazine, to the editor at Exxon Mobil Periodically, The Lamp features some of the clearest pictures of Corporation, 5959 Las Colinas Blvd., Irving, TX 75039-2298. profiles of members of the the subsurface for use in oil and Bob Davis Exxon Mobil Corporation Board gas exploration, development and Editor In this issue 3 13 25 33 Canadian energy Partnership for excellence Success of shale gas Cultivating Canadian scientists Technology, openness and sound ExxonMobil and Porsche team up Abundant supplies are good news Aboriginal students are the next policies drive a robust development for winning performance for U.S. chemical companies generation of Canada’s scientists and engineers 5 15 27 Director profiles Angola Block 15 Math and science education 37 Meet Board Members World-class resource is Programs help students achieve New ExxonMobil app Jay Fishman, Henrietta Fore in a class by itself higher scores in high school and The world of energy and Peter Brabeck-Letmathe college is at your fingertips 21 11 Riding the full wave 31 38 Saving a turtle Launching a new era Education on the table Panorama Papua New Guinea protects in seismic processing Papua New Guinea LNG Project Business highlights an endangered species provides desks for classrooms from around the world 2 Keys to energy development in Canada: technology, openness and sound policies The Banff Forum is an annual retreat held every autumn in a different location in Canada. ExxonMobil Senior Vice President Andy Swiger addressed the conference this year in Banff, Alberta. Despite the economic challenges Swiger said. As the economy tion of associated facilities, mak- steps, begun nearly 30 years facing the world today, said grows, the world must look to ing the tremendous resources ago, have lowered fresh water Swiger, the need for energy will technology for “visionary break- at Kearl more economical to use by nearly 90 percent. continue to rise, driven by popu- throughs as well as incremental develop. In addition, we will Further initiatives could achieve lation growth and the universal gains over the long term.” deploy cogeneration technology another 30 percent reduction. desire for a better life. The world’s at Kearl that will further reduce Technology has enabled indus- economy will more than double in Role of technology energy needs. These technolo- try to develop North America’s size between now and 2040. Swiger cited the importance of gies, taken together, would allow vast shale gas and tight oil “With this extraordinary innovation at ExxonMobil’s Kearl us to produce the oil sands with resources, Swiger said. Hydraulic expansion will come strong Oil Sands Project in Canada. about the same levels of lifecycle fracturing, horizontal drilling and growth in the demand for Canadian oil sands contain about greenhouse gas emissions as other completion technologies energy,” he said. “We project 170 billion recoverable barrels many other crude oils processed have made it possible to “recover that global energy demand of oil, one of the world’s largest in North America.” natural gas and oil from sources will be more than 30 percent known reserves of energy. Innovation and ingenuity are once believed to be not just higher than it is today, and we “By using an innovative and also evident at the Cold Lake unconventional, but uneconomic, can expect natural gas and oil proprietary process, we can heavy oil project operated and, at times, unreachable.” to meet close to 60 percent of generate pipeline-quality bitumen by Imperial Oil, ExxonMobil’s energy needs in the future.” that will be blended with diluent Canadian affiliate. Long-term Public concerns Technology will play a central for shipment,” Swiger said. “This investment and research have “Canadians and Americans are role in safe, efficient and respon- requires less solvent at lower led to state-of-the-art water interested in the environmental sible energy development, cost and eliminates the construc- recycling techniques. These impact of resource recovery,” 3 Story by Bill Corporon Photography by Robert Seale The Kearl Oil Sands Project in Canada will use said Swiger, “this outreach “Environmental rules in Canada innovative technology to reduce greenhouse means that we discuss how we are rigorous and demanding,” he gas emissions and operating costs. are conserving water throughout said, “but government officials development, how we monitor work with industry to provide and preserve biodiversity, how guidance and clarity at each step we seek to reduce emissions at Businesses can proceed with every stage of the energy supply the assurance that a project will chain and how we will reclaim advance to completion without the land for nature as operations arbitrary delays.” Swiger said. “With every new draw to a close.” Canada has proven that with technological advance comes a resource access and the right renewed obligation for industry to World lessons policies in place, the energy address the public’s questions.” Swiger stressed the importance industry can bring new supplies ExxonMobil does so by reach- of sound and consistent energy of energy to market. That, in turn, ing out to the public and policy- regulations and policies. will create new jobs, provide gov- makers alike to explain that its “Governments around the ernment revenue, increase trade innovations, project execution world play a crucial role in pro- and spur economic growth. and risk-management systems moting free trade and establishing “The nation, the government are designed to protect commu- a level playing field for lawful com- and the people of Canada are nities and the environment. petition among market partici- uniquely positioned to make an “For example,” said Swiger, pants,” he said. “Because invest- extraordinary contribution – not “we recognize that many people ment, innovation and cooperation only in the enormous energy are asking questions about oil- are so critical in our industry, we resources they can help deliver, sands development and the need governments to establish but also in the model for energy environmental impact of resource and maintain sound policies.” regulation, policymaking and recovery. That’s why we are work- One of the most important partnership they can provide,” ing to increase the knowledge areas for government action is Swiger said. the Lamp and understanding of government building a clear regulatory path- officials and the general public. way. In this area, Swiger said, Andy Swiger “For oil-sands development,” Canada is a global leader. Senior Vice President Exxon Mobil Corporation 4 The winding road from the Bronx to Wall Street Jay Fishman brings the lessons of a diverse career to the Exxon Mobil Corporation Board of Directors. Editor’s note: The Lamp periodically publishes profiles of members of the Exxon Mobil Corporation While one of the Travelers com- oversees one of the nation’s Shared approach Board of Directors.
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