9.42 AM Thursday, 18 April 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:33 05:50 12:21 15:48 18:46 20:03
18 April 2024

Exxon sells 9.43% stake in Gassled to Njord

Exxon sells 9.43% stake in Gassled to Njord. (REUTERS)

Published
By Staff Writer

Exxon Mobil, the largest US oil company, sold its 9.43 per cent stake in Norwegian natural-gas pipeline network Gassled to Njord Gas Infrastructure. "This divestment will have no impact on Exxon Mobil's operated or partner-operated producing assets in Norway," said a company statement. It will retain its current capacity rights to transport gas through the pipeline.