Tag Archives: ExxonMobil

DN: ExxonMobil og Vår Energi bekrefter eksklusive kjøpsforhandlinger som vil gjøre det sistnevnte oljeselskapet nest størst på norsk sokkel.

Etter at DN torsdag kveld brakte nyheten om at Vår Energi vil kjøpe ExxonMobils norske portefølje, bekreftet partene diskusjonene offisielt fredag.

– Vi kan bekrefte at det er signert en eksklusivitetsavtale om videre forhandlinger mellom ExxonMobil og Vår Energi om et eventuelt kjøp av ExxonMobils eierandeler i lisensene på norsk kontinentalsokkel. Det er ikke signert en endelig salgsavtale, skriver informasjonsdirektør Anne Fougner i ExxonMobil i Norge.

– Vi har informert våre ansatte om at denne prosessen er i gang, men vi kan ikke kommentere ytterligere detaljer knyttet til hverken tidsløpet eller andre forhold, sier kommunikasjonsdirektør Andreas Wulff i Vår Energi.

Ifølge DNs kilder vil Vår Energi betale rundt 38 milliarder kroner for porteføljen. Selskapet skal ha vært villig til å betale en merpris for å få eksklusivitet i sluttforhandlingene. Planen skal være å offentliggjøre en endelig avtale i slutten av denne måneden. Disse opplysningene vil ikke selskapene bekrefte.

– Ut over det kommenterer vi ikke spørsmål knyttet til denne typen kommersielle forhold, skriver Fougner.

Les hele saken HER.

Energy Voice: ExxonMobil’s Norway exit could break records, Rystad says

US supermajor ExxonMobil could be looking to fetch as much as $3.1 billion through the sale of its Norwegian portfolio, according to Rystad Energy.

Rystad Energy partner Simon Sjøthun notes that a sale of this magnitude could be the largest private transaction ever recorded on the Norwegian Continental Shelf.

“The valuation implies that a combined divestment of the entire portfolio would put the transaction at the very top of pure Norwegian transactions since the SDFI spin off in 2001,” Sjøthun said, with reference to the divestment of 15% of the State’s Direct Financial Interest (SDFI) in Norwegian offshore licenses when then Statoil was partially privatized 18 years ago.

Read entire article HERE.

World Oil: ExxonMobil to invest up to $100 million on lower-emissions R&D with U.S. national labs

IRVING — ExxonMobil has said it will invest up to $100 million over 10 years to research and develop advanced lower-emissions technologies with the U.S. Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory. 

The agreement – among the largest between the department’s laboratories and the private sector – will support research and collaboration into ways to bring biofuels and carbon capture and storage to commercial scale across the transportation, power generation and industrial sectors.

“We’re focusing on advancing fundamental science to develop breakthrough solutions that can make a difference on a global basis in emissions reduction,” said Darren W. Woods, chairman and CEO of ExxonMobil. “We’re doing that with our in-house scientists and with corporate partners, through relationships with 80 universities and now with the intellectual and computing capacity of the renowned national labs.”

World Oil: Staale Gjervik on New ExxonMobil / Microsoft Digital Partnership

IRVING, Texas — ExxonMobil has announced that a new partnership with Microsoft will make its Permian basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in analyses and enhancements to operational efficiencies.

“The combination of Microsoft’s technologies with our unique strengths in oilfield technologies, production efficiency and integration will help drive growth in the Permian and serve as a model for additional implementation across the U.S. and abroad,” said Staale Gjervik, senior V.P., Permian Integrated Development for XTO. “The unconventional business is fast moving, complex and data rich, which makes it well suited for the application of digital technologies to strengthen our operations and help deliver greater value.”

Read entire article HERE.