ExxonMobil to Transfer Operations of Assets of 2 Production-Sharing Contracts in Malaysia to Petronas

Exxon Mobil Corp intends to transfer the operations of all assets of two production-sharing contracts in Malaysia to state energy company Petronas, Exxon Mobil said on Saturday. Reuters had reported on Friday that Exxon Mobil had agreed to sell its Malaysian oil and gas assets to Petronas, citing two people with direct knowledge of the matter. … Read more