22 January 2024
22 January 2024
The new contract is set to extend existing supply agreements that are due to expire in 2028 and could last until at least 2050.
The sale forms part of the company's broader strategy to streamline its global operations.
Gas rigs increased by three to 120, while oil rigs dropped by two to 497 in the week to 19 January.
The proposal, spearheaded by Arjuna Capital and shareholder activist group Follow This, calls for Exxon to implement stricter climate objectives.
Gas supplies have been diverted back into the domestic market.
The Ukrainian oil and gas company is in talks with German energy companies including RWE and Uniper over potential gas storage deals.
The fields in question – Breidablikk, Yggdrasil and Tyrving – are estimated to hold reserves of approximately 875 million barrels of oil equivalent (mboe).
The Japanese oil and gas company, led by CEO Takayuki Ueda, is targeting a commencement date towards the end of this decade.
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