Exxon's Norwegian exit is historic in several ways

Vår Energi's billion-dollar purchase of Exxon fields is deemed among the biggest transactions ever on the Norwegian shelf, where the acquisition brings the company to the top and supermajor ExxonMobil ends an era.

by MATHIAS JULIUS FALKENGAARD

Fine words have been used to describe the significance of Thursday's trade between Norwegian Vår Energi and US oil giant ExxonMobil becoming a reality.

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ExxonMobil divests Norwegian assets worth USD 4.5bn
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Exxon said to be in Norway asset sale talks with Vår Energi
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