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28 March 2024

Exxon sells 9.43% stake in Gassled to Njord

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

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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.