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NEWS BRIEFS



TULLOW OIL chief executive Aidan Heavey has said North Sea assets being sold by Exxon Mobil are not a "high priority" for the London-listed firm as the US giant seeks to offload some fields for an estimated 300m.

Exxon Mobil is selling its share in the Lancelot, Thames and Hewett fields and a gas terminal, as production declines. Tullow built its initial success on acquiring assets that were being offloaded by larger oil and gas players. Heavey said that while the company would "look at anything", it is currently focused on pinning down its 872m acquisition of Australian oil exploration firm Hardman. JM




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