Majors' global divestment spree to fetch US$27 billion: Rystad

SUPERMAJOR oil and gas producers which are divesting upstream assets, could raise a combined US$27.54 billion (A$40.55 billion), according to analysts from Rystad Energy.

Majors' global divestment spree to fetch US$27 billion: Rystad Majors' global divestment spree to fetch US$27 billion: Rystad Majors' global divestment spree to fetch US$27 billion: Rystad Majors' global divestment spree to fetch US$27 billion: Rystad Majors' global divestment spree to fetch US$27 billion: Rystad

 

ExxonMobil, Chevron, BP, Total, Shell and ConocoPhillips are all looking to divest mature assets as well as interests in geopolitically unstable regions before 2021.