Rystad Energy: Oil and gas majors could raise over $27 billion in global selling spree

The global oil and gas supermajors are looking to sell assets that could bring in a total of $27.5 billion, according to energy intelligence firm Rystad Energy.

The intelligence firm said on Monday that these companies were actively shedding mature assets on a massive scale to finance higher-yielding investments elsewhere.

The sale of mature assets would also please shareholders who are calling for stricter capital discipline.

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