News
15 August 2019

ExxonMobil plans £1.6bn sale of North Sea oil and gas stakes

In:
Oil & gas
Region:
Europe

ExxonMobil is planning a retreat from the North Sea with a £1.6 billion ($2 billion) sale of its oil and gas fields. The US oil major is in talks with a number of North Sea oil firms to sell the stakes it owns in about 40 oil and gas fields alongside Royal Dutch Shell.ExxonMobil is responsible...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
23 February 2026

Calmer waters for European offshore?

The political support is definitely there, but offshore wind in the North Sea is producing mixed results. What do the results of the UK auction - and delays to the German...

Perspective
02 March 2026

Cocobod announces plans for reform as cocoa prices crater

Cocoa prices have returned to historical averages but the threat of volatility remains, and national regulators are still managing the fallout. Ghana’s Cocobod has committed...