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Exxonmobil to sell North Sea assets worth £200m
04/12/2006
Exxonmobil, the global oil company, has put a package of its stakes in Southern North Sea oil and gas fields on the market for over £200m. The package includes stakes in the Lancelot, Thames and Hewett area fields and the Hewett Bacton Gas Terminal. The US-based company has stressed that it will stay committed to its remaining operations in the UK. Potential buyers for the assets include Tullow Oil and utility companies RWE and E.On.
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