Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

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EXCLUSIVE-Exxon agrees to sell Norway oil and gas assets for $4 bln -sources

Thu, 05th Sep 2019 16:34

LONDON, Sept 5 (Reuters) - Exxon Mobil has agreed to sellits Norwegian oil and gas assets for up to $4 billion, in a movethat marks the U.S. firm's exit from production in the countrywhere it has operated for more than a century, three sourcesfamiliar with the matter said on Thursday.

Exxon said in June it was looking to sell its Norwegianupstream portfolio, which includes minority stakes in more than20 other fields, operated by local producer Equinorand Anglo-Dutch oil major Royal Dutch Shell.

An Exxon spokeswoman said: "As a matter of practice, wedon't comment on commercial discussions."(Reporting by Ron Bousso and Shadia Nasralla, additionalreporting by Nerijus Adomaitis in Oslo; Editing by ElaineHardcastle)

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