ExxonMobil has sold its Fos-sur-Mer refinery in France to a consortium of trading firms, marking a continued trend of Big Oil divesting from downstream assets.
ExxonMobil's Esso division has completed the sale of the Fos-sur-Mer refinery - one of France's major refineries - and two other oil terminals to Trafigura consortium firm Rhone Energies.
The purchase allows ExxonMobil Guyana to assume ownership of the unit—which is currently operating at Payara, offshore Guyana—while SBM Offshore will continue to operate and maintain the FPSO ...
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