Reuters exclusively reported that Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects. The world’s largest publicly traded energy company has held talks with a number of North Sea operators to gauge interest in some or all of its assets, which could fetch up to $2 billion, Reuters sources said.
Reuters reveals Exxon eyeing UK North Sea exit
13 August 2019, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa