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Market Chatter: Shell, Exxon Mobil Mulling Bids for Stake in Galp Energia's Offshore Namibia Site
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Market Chatter: Shell, Exxon Mobil Mulling Bids for Stake in Galp Energia's Offshore Namibia Site
May 21, 2024 5:30 AM

08:05 AM EDT, 05/21/2024 (MT Newswires) -- Shell (SHEL) and Exxon Mobil ( XOM ) are among the energy companies considering bids for a stake in Galp Energia's major oil field off the coast of Namibia, Bloomberg News reported Tuesday, citing sources with knowledge of the details.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 118.01, Change: -0.66, Percent Change: -0.56

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