Friday, January 2, 2026

ExxonMobil Sells Operated Norwegian Fields

Deal value estimated at $935 million ExxonMobil (ticker: XOM) is selling its operated upstream business in Norway to HitecVision and Point Resources, according to a release from Point. While the purchase price was not released, Bloomberg estimated in September that such a sale could fetch over $1 billion. According to a Norwegian financial newspaper, Dagens Naeringsliv, the deal was valued