Exxon Mobil considers divesting oil assets in Gulf of Mexico
October 05, 2018 | Asset Acquisitions & Divestitures, Company Operations, Gulf of Mexico
London. UK | – American multinational oil and gas giant ExxonMobil is reportedly considering divesting a number of its US Gulf of Mexico oil assets. Sources familiar with the matter were quoted by Reuters as saying that the sale plan is the result of the US-based ExxonMobil’s review into its portfolio. Expected to take place in 2019, the sale would enable the company to concentrate on offshore areas such as Guyana and Brazil and onshore in the Permian basin of Texas. According to Reuters, a …