Exxon Mobil considers Malaysian offshore assets sale for up to $3 billion: Bloomberg

FAN Editor
FILE PHOTO: Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo

October 9, 2019

(Reuters) – Exxon Mobil Corp is considering a sale of its Malaysian upstream offshore assets for up to $3 billion, Bloomberg reported on Wednesday.

Exxon is said to be working with advisers on the potential sale which could raise about $2 billion to $3 billion, the report https://bloom.bg/33lwolX added, citing people familiar with the matter.

The company did not respond to a Reuters’ request for comment early on Wednesday.

(Reporting by Rebekah Mathew in Bengaluru; Editing by Subhranshu Sahu)

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