ExxonMobil to Sell Romanian Affiliate for More Than $1 Billion
May 04, 2022
May 04, 2022
IRVING, Texas, May 4 -- ExxonMobil, an energy provider and chemical manufacturer, issued the following news release:
ExxonMobil has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals.
* Sale supports strategy to focus investments on advantaged assets
* Includes 'Neptun Deep' block in the Black Sea
* Tr . . .
ExxonMobil has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals.
* Sale supports strategy to focus investments on advantaged assets
* Includes 'Neptun Deep' block in the Black Sea
* Tr . . .