Sinopec and a private equity-backed company are among some half a dozen candidates to acquire Exxon’s North Sea assets that the supermajor put up for sale earlier this year. Kuwait Foreign Petroleum Exploration, Siccar Point, and Tailwind Energy—in partnership with Mercuria—are also among the bidders, Bloomberg reports , citing unnamed sources familiar with the matter. Reports of the planned sale emerged in June, but the first mention of Exxon’s plans to exit the legacy oil producing region surfaced in August 2019. In that, the U.S. supermajor followed in the footsteps of other large oil companies from the States, while European majors have stayed on. For Exxon, the sale follows a wider exit from Europe, that also saw it leave Norway, after selling its asset there for $4.5 billion to Var Energi. Exxon’s plans got delayed by oil prices but this year, after benchmarks crashed to the lowest in years, […]