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ExxonMobil to Sell Mobil Producing Nigeria Shallow-Water Affiliate

Sale supports company’s disciplined investment strategy, Nigeria’s efforts to enhance industry participation Includes shallow-water affiliate; ExxonMobil to retain deepwater assets Transaction to close later this year pending regulatory approvals IRVING, Texas--(BUSINESS WIRE)--ExxonMobil has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a…
United States Seplat Energy Offshore Exxon Mobil Corporation Production Nigeria Deepwater Production Nigeria Exxonmobil Upstream Oil

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ExxonMobil Announces Corporate Plans to 2027

Supports Approximately Doubling Earnings and Cash Flow Potential, Reducing Emissions Disciplined capital investments held constant at $20-$25 billion per year Accelerates investments in high-return advantaged projects, greenhouse gas emission reductions New Scope 1 and Scope 2 greenhouse gas emission-reduction plans through 2030 consistent with Paris Agreement pathways
United States France General World Bank American Petroleum Institute Energy Factor Carbon Solutions

ExxonMobil to Sell U.K. Upstream Central and Northern North Sea Assets

Posted on 457 ExxonMobil has signed an agreement with HitecVision, through its wholly owned portfolio company NEO Energy, for the sale of most of ExxonMobil’s non-operated upstream assets in the United Kingdom central and northern North Sea. The sale price of more than $1 billion is subject to closing adjustments, and has additional upside of approximately $300 million in contingent payments based on potential for increase in commo...
United Kingdom North Sea Oceans General Elgin Franklin Neil Chapman Energy Factor

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