In a separate statement earlier Saturday, Petronas said Petronas Carigali Sdn Bhd is engaged in discussions with EMEPMI regarding the transfer of operations for two production-sharing contracts located offshore Peninsular Malaysia
Exxon Mobil Corp intends to transfer the operations of all assets of two production-sharing contracts in Malaysia to state energy company Petronas , Exxon Mobil said on Saturday.
“This does not impact our other businesses in Malaysia – we remain committed to conducting business here as we have for more than 130 years,” it added. Malaysian media have reported that Exxon Mobil has been trying to sell its aging upstream assets in the country since 2020.
Petronas Emepmi Cent Oil Production Reuters Mobil Exxon Mobil South China Sea Malaysia
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