ExxonMobil is thought to be considering divestment of its German assets, according to media reports in January 2020. ExxonMobil has a number of exploration and production assets predominantly in the Niedersachsen region, NW Germany. The company holds acreage either through subsidiaries Mobil Erdgas-Erdol GmbH and ExxonMobil Production Deutschland GmbH or as part of the BEB Erdgas und Erdol GmbH 50/50 joint venture with Shell. Recently ExxonMobil drilled the successful Burgmoor Z5 NPW (2019, 3,500m) with Vermilion on the Dummersee-Uchte (zusammenl.) exploration concession, NW Germany. The well tested 8.8 MMcfg/d from a 38.1m net pay zone in the Permian Zechstein Carbonate reservoir at 3,357.1 - 3,436.9m depth, estimated to contain 50 Bcfg mean recoverable resources. ExxonMobil is also considering the sale of it North Sea assets in the UK and the Netherlands, plus its 50% operator stake in the Romanian Domino and Pelican South fields in the Black Sea. In 2017, ExxonMobil sold its operated Norwegian assets to HitecVision-owned Point Resources in 2017. Point Resources merged with Eni Norge to form Var Energi in 2018, which then bought the remaining non-operated ExxonMobil assets in September 2019. 
ExxonMobil is thought to be considering divestment of its German assets, according to media reports in January 2020. ExxonMobil has a number of exploration and production assets predominantly in the Niedersachsen region, NW Germany.