Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 bil...
Equinor, Lundin and DNO were not immediately available to comment.
Exxon hired investment bank Jefferies to run the sale process, banking sources told Reuters last month.In 2017, Exxon’s net production from fields off Norway was around 170,000 barrels of oil equivalent per day, according to its website. Oslo-based consultancy Rystad Energy said in a note in June that as of Jan 1, 2019, Exxon held 530 million barrels of oil equivalent on the Norwegian Continental Shelf.
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