EXXON MOBIL TO SELL SOME OF ITS NORWAY ASSETS FOR $4.5 BILLION

  • The sale involves more than 20 producing fields operated mostly by Norwegian energy company Equinor.
  • The transaction is a part of its plan to divest approximately $15 billion in assets by 2021, Exxon Mobil said. 
  • Exxon Mobil will continue its downstream refining operations in Norway.

Exxon Mobil said on Thursday it’s selling its upstream assets in Norway for $4.5 billion.

The sale, involving more than 20 producing fields operated mostly by Norwegian energy company Equinor, is a part of its plan to divest approximately $15 billion in assets by 2021, Exxon Mobil said…

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