ExxonMobil to move headquarters to Houston from Dallas suburb

American oil and gas energy giant Exxon Mobil has announced that it will relocate its headquarters to the country’s energy capital, Houston, from its current Dallas suburb Irving, saying it will enable closer teamwork to accelerate and increase value delivery.

The move is scheduled to be completed by mid-2023, the company said in a statement, becoming the largest Fortune 500 company in the metro area of Houston.

The company said the relocation will enable closer teamwork to accelerate and increase value delivery.

“We greatly value our long history in Irving and appreciate the strong ties we have developed in the North Texas community,” said Darren Woods, chairman and chief executive officer.

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