ExxonMobil hires Jefferies as it weighs UK North Sea exit
Exxon Mobil Corp. has hired investment bank Jefferies Financial Group Inc. as it considers options including a sale of its UK North Sea assets, according to people familiar with the matter.
Var Energi
Var Energi snaps up ExxonMobil’s Norwegian portfolio for £3.6bn
Exploration firm Var Energi has announced the acquisition of ExxonMobil's Norwegian upstream assets for £3.6 billion.
Exxon Mobil reportedly selling Norwegian North Sea assets for £3.2bn
Exxon Mobil is reportedly finalizing the sale of its Norwegian North Sea assets to a Norway firm backed by Italy's Eni and private equity funding for about $4 billion (£3.2bn), according to Reuters and Norwegian media.
Newcomer makes a splash with appraisal victory in Barents
Var Energi today hailed its success with the Goliat West appraisal well in the Barents Sea.
New player on the scene in Norway after Point, Eni merger
Var Energi officially launched in Stavanger yesterday following a merger between Point Resources and the Norwegian branch of Italian oil firm Eni.
ONS 2018: Private equity start-ups are ‘shaking up’ North Sea, Woodmac report
Private equity start-ups are causing a stir in the North Sea, a new report said.
Eni swoops for Point Resources to form new Norwegian player
The Norwegian subsidiary of Italian energy firm Eni has taken over Point Resources and formed a company called Var Energi.