Home / Asia Pacific / Oil Search bows to ExxonMobil in battle for InterOil

Oil Search bows to ExxonMobil in battle for InterOil

Australia’s Oil Search Ltd on Thursday cleared the way for ExxonMobil Corp to take over InterOil Corp for US$2.2 billion, opting not to raise its rival offer for its partner in a rich Papua New Guinea gas field.
Source: Asia Pacific

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