Oil & Gas Operators

ExxonMobil Will Transfer Operations Management to Petronas in Two Production Projects

According to representatives of the companies, this is not a sale, the share and distribution of companies in the project will not change.

However, the Malaysian media speaks with reference to sources that Exxonmobil intends to get rid of old shelf assets.

The company said that it intends to continue working in Malaysia, where Exxonmobil has about half of hydrocarbons in the country.

Source

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