ExxonMobil’s sale of Malaysian assets heats up

According to sources, Hibiscus Petroleum Bhd is among the shortlisted bidders along with United Kingdom-based EnQuest plc. One source points out that Sapura Energy Bhd has also expressed interest in ExxonMobil’s assets. It is unknown if the oil and gas (O&G) company made it to the list.

EXXON Mobil has shortlisted three bidders for its oil-producing offshore assets in Malaysia that are worth billions of ringgit.

According to sources, Hibiscus Petroleum Bhd is among the shortlisted bidders along with United Kingdom-based EnQuest plc.