Sources: Exxon, Shell plan acquisition of Hess, Newfield assets

08/16/2013 | Bloomberg

Royal Dutch Shell and ExxonMobil have offered to acquire Asian oil and natural gas fields from Newfield Exploration and Hess, sources said. A total of $3 billion could be generated from the sale. Newfield's assets are located in China and Malaysia, while Hess' properties are in Thailand and Indonesia.

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