ExxonMobil to sell Gippsland assets

Analysts say the ‘complex mature assets’ will lead to ‘smaller pool of realistic buyers; amid declining production and significant decommissioning liabilities

Assets for sale: ExxonMobil, led by chief executive Darren Woods, in the Gippsland basin
Assets for sale: ExxonMobil, led by chief executive Darren Woods, in the Gippsland basinANDREW MANGUM/UPSTREAM
Published 18 September 2019, 08:50Updated 19 September 2019, 07:49