Hong Kong/Kuala Lumpur — ExxonMobil is considering a sale of its Malaysian upstream offshore assets as the US energy giant continues with its divestiture programme, according to people with knowledge of the matter.

The company is working with an adviser on the potential sale of the Malaysian assets, which could raise about $2bn to $3bn, the people said, asking not to be identified because the matter is private...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.