Exxon’s Asset Disposal Program
Posted on November 22, 2010 at 16:35 PM EST
According to a report by Sunday Times, oil major ExxonMobil Corporation (NYSE:XOM) intends to dispose of its North Sea assets worth $2 billion, including its vast Beryl field, to focus more on other fast growing areas such as Brazil. The company declined to comment on the report, but confirmed that it plans to divest 100 [...]