Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Top Story | Deals - Acquisition, Mergers, Divestitures | Offshore

ExxonMobil Seals $4.5B Sale of Norwegian Assets

printPrint    |   
ExxonMobil Seals $4.5B Sale of Norwegian Assets

ExxonMobil has finalized its $4.5 billion sale of its Norwegian portfolio to Var Energi SA.

The closure occurred on December 10, 2019.

This sale is a part of Exxon's previously announced plans to divest approximately $15 billion in non-strategic assets by 2021.


Recent Deals/Transactions

Date Annouced Category Headline Buyer(s) Seller(s) Value ($mm)
02/26/2026 E&P Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal 
02/18/2026 E&P SM Energy Sells Eagle Ford Asset for $950 Million 
02/17/2026 E&P Ovintiv Sells Anadarko Assets for $3 Billion 
02/02/2026 E&P Vista Energy Acquires Equinor Non-Working Interest In Vaca Muera 
02/02/2026 E&P Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank 
01/16/2026 E&P Mitsubishi’s Strategic Entry into U.S. Shale with Aethon’s Haynesville Platforms 
12/22/2025 E&P Harbour Energy Enters GOM; Buys LLOG 
12/18/2025 E&P JAPEX Secures First U.S. Operated Position in $1.26B DJ Basin Acquisition of Verdad Resources 
12/08/2025 E&P Antero Resources Acquires HG Energy II for $3.9B 
12/08/2025 E&P Infinity Natural and Northern Oil & Gas Acquire Antero's Ohio Utica for $1.2B 
Total

Latest Transaction News