Exxon Mobil Seeks Bids for Norwegian Offshore Assets

Source: www.gulfoilandgas.com 6/22/2019, Location: Europe

Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast. It has retained stakes in more than 20 other fields, including Equinor-operated Snorre and Shell-operated Ormen Lange.

Following interest expressed by several parties, Exxon Mobil has decided to open a data room to test the market interest for the upstream portfolio in Norway.

A number of private-equity backed firms, including Okea, and independent oil firms Aker BP and DNO, have this year said they were looking to buy more assets on the Norwegian continental shelf.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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