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Ron Bousso, Shadia Nasralla (Reuters) May 27, 2021 Equinor Mariner installation - Photo by Abermedia / Michal Wachucik Japan s JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin s biggest fields in a deal that could fetch up to $1.5 billion, five banking sources [told Reuters this week]. The sale is the latest deal in the North Sea marking the handover of assets from oil majors to private companies, which say they can better exploit remaining reserves than huge companies focusing on the energy transition. read more JX Nippon has hired Bank of America and Kirk Lovegrove as advisers for the sale of the portfolio, which includes stakes in the Andrew, Culzean, and Mariner projects where JX Nippon partners with BP, Total, and Equinor respectively, the sources said. ....
Exclusive: JX Nippon seeks US$1.5 billion for UK North Sea oil, gas fields - sources Toggle share menu Advertisement Exclusive: JX Nippon seeks US$1.5 billion for UK North Sea oil, gas fields - sources Japan s JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin s biggest fields in a deal that could fetch up to US$1.5 billion, five banking sources said. FILE PHOTO: JX Nippon Oil & Energy Corp s logo is seen at its refinery in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon/File Photo 25 May 2021 07:45PM Share this content Bookmark LONDON: Japan s JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin s biggest fields in a deal that could fetch up to US$1.5 billion, five banking sources said. ....
EnergyEXCLUSIVE JX Nippon seeks $1.5 bln for UK North Sea oil, gas fields - sources Ron BoussoShadia Nasralla 2 minute read JX Nippon Oil & Energy Corp s logo is seen at its refinery in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon/File Photo Japan s JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin s biggest fields in a deal that could fetch up to $1.5 billion, five banking sources said. The sale is the latest deal in the North Sea marking the handover of assets from oil majors to private companies, which say they can better exploit remaining reserves than huge companies focusing on the energy transition. read more ....
2 Min Read FILE PHOTO: JX Nippon Oil & Energy Corp s logo is seen at its refinery in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon/File Photo LONDON (Reuters) - Japan’s JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin’s biggest fields in a deal that could fetch up to $1.5 billion, five banking sources said. The sale is the latest deal in the North Sea marking the handover of assets from oil majors to private companies, which say they can better exploit remaining reserves than huge companies focusing on the energy transition. ....