The companies interested in marketing the Guyanese government's share of the country's crude include ExxonMobil, Shell, Equinor, Total, Petrobras, Saudi Aramco, Lukoil and PetroChina.
The company cited current market conditions for its withdrawal from a consortium evaluating the acquisition of Shell's upstream portfolio in the Western Desert in Egypt.
BG International, a subsidiary of Shell, and Aker BP have terminated contracts for the Maersk Developer and the Maersk Reacher respectively.
The joint venture between the two companies was set up to develop licence blocks in Russia's Yamal peninsula.
The divestments include the sale of Total E&P Deep Offshore Borneo BV, which holds an 86.95% interest in Block CA1 offshore Brunei, to Shell.
Shell has said that post-tax impairment charges in the range of US$400-800 million are expected for 1Q20.
Global CAPEX for exploration and production firms (E&Ps) is expected to drop by up to US$100 billion this year, according to Rystad Energy.