ExxonMobil considers transferring operations of two Malaysian PSCs to Petronas

By Yahoo! Finance | Jul 22, 2024 at 06:40 AM EST

ExxonMobil is transferring operations of assets under two Malaysian production-sharing contracts to Petronas, clarifying it as not a sale but an operational transfer without changing its working interest. The move includes assets like the Tapis oilfield, with details and staff reallocations yet to be disclosed.

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