Offshore

Oil supermajors approaching large-scale asset sale

Analyst firm estimates that oil supermajors are headed toward a fire sale of assets worth over USD 27 billion. Three companies in particular are expected to take the lead.
Photo: POLFOTO/AP/Daniella Beccaria/seattlepi.com
Photo: POLFOTO/AP/Daniella Beccaria/seattlepi.com
by CHRISTIAN CARLSEN

Some of the world's largest oil companies could be on track to sell assets worth USD 27.5 billion, concludes analyst firm Rystad Energy.

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