After a slow start to the year as the coronavirus crisis disrupted industry plans, North Sea asset sales activity resumed in the second half of the year. Exxon Mobil Corp. has started a process of selling its British fields and Eni SpA is looking to sell a production vessel in Norway. Chrysaor Holdings Ltd. this month bought independent oil explorer Premier Oil Plc in a reverse takeover.
Suncor hasn’t started a formal sales process, but engages with potential buyers who have shown interest in the domains, one of the people said.
Suncor did not respond to a request for comment.
The Calgary-based company is also considering selling its 40% stake in the West Shetland Rosebank business, one of the people said. The project, operated by the Norwegian Equinor ASA, is one of the largest undeveloped fields in the UK.
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