ExxonMobil In Talks To Sell North Sea Interests

- Feb 02, 2021-

ABERDEEN, UK – HitecVision/NEO Energy have started exclusive negotiations to acquire ExxonMobil’s upstream interests in the UK central and northern North Sea.

A successful outcome could lead to a signed sales agreement in the current quarter, closing later in the year.

According to ExxonMobil’s last update, issued in May 2019, the company has interest in around 40 producing UK North Sea fields, most operated by Shell.