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Media: ExxonMobil ponders sale of North Sea fields

ExxonMobil has been in touch with several potential buyers regarding a sale of fields in the North Sea for up to USD 1.5 billion, according to a Norwegian media.

Photo: Wintershall

Virtually all established players seem to be reconsidering their position in the North Sea. And this now also is the case for ExxonMobil, which has allegedly been in touch with several potential buyers for the three fields in the Norwegian part of the North Sea, on which the US oil company is operator, reports Norwegian media Sysla.

ExxonMobil is among the largest oil and gas producers in the world as well as on the Norwegian shelf. The company is co-owner of a total of more than 20 fields in the Norwegian part of the North Sea. However, the potential divestments relate to the three fields Balder, Ringhorne, and Sigyn, where the US company is operator.

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