Exxon may exit upstream Malaysia

EXXONMOBIL may sell its offshore Malaysia assets as part of its planned $15 billion divestment program, after earlier announcing the sale of its non-operated Norwegian North Sea assets to the Eni-backed Vai Energy for some US$4 billion and opening a data room to offload its aging Bass Strait assets offshore Victoria for an asking price of $2.5 billion. 

Exxon may exit upstream Malaysia Exxon may exit upstream Malaysia Exxon may exit upstream Malaysia Exxon may exit upstream Malaysia Exxon may exit upstream Malaysia

$15B spin off continues 

Firm numbers aren't out but the Malaysia assets' price is expected to be between $2 billion to $3 billion for what it shares with huge state oiler Petronas.