Oil and gas giants are looking to sell assets that could fetch a total of $27.5 billion, as they are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, with the added benefit of pleasing shareholders who are calling for stricter capital discipline, according to energy research firm Rystad Energy.
The expected transactions mean some of the majors are poised to exit certain regions, giving regional players and independents a chance to buy...
https://safety4sea.com/oil-majors-global-selling-spree-could-fetch-us27-billion/