Has Exxon Made a Deal to Sell Norway Assets?



Has Exxon Made a Deal to Sell Norway Assets?
ExxonMobil is refusing to comment on whether or not the company has made a deal to part with its Norwegian oil and gas assets for a multi-billion dollar sum.

ExxonMobil is refusing to comment on whether or not the company has made a deal to part with its Norwegian oil and gas assets for a multi-billion dollar sum.

“We don’t comment on commercial discussions,” an Exxon spokesperson told Rigzone when asked if the company had agreed to sell its Norwegian oil and gas assets for up to $4 billion.

Last week, Reuters reported that Exxon had agreed to sell these assets for the above-mentioned price.

Back in June, an Exxon spokesperson confirmed to Rigzone that the company was “testing market interest” for its non-operated producing assets in Norway.

“ExxonMobil continually reviews its assets for contribution toward meeting the company’s operating needs, financial objectives and potential value to others,” the spokesperson said in a company statement at the time.

Exxon has been present in Norway for 125 years, according to its website, which notes that the company has been one of the largest non-Norwegian oil and gas producers on the Norwegian Continental Shelf for several years.

To contact the author, email andreas.exarheas@rigzone.com



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