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

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

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


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REUTERS: U.S. energy giant Exxon Mobil Corp is considering a sale of its Malaysian upstream offshore assets for up to US$3 billion, Bloomberg reported on Wednesday.

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

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The sale considerations are at a preliminary stage and Exxon could still decide against a deal, accoRead More – Source

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