By Denny Thomas and Niluksi Koswanage
HONG KONG/KUALA LUMPUR (Reuters) - Energy majors Exxon Mobil Corp
Newfield and Hess Corp
Nearly a dozen suitors were attracted to Newfield's auction that kicked off about two months ago. Newfield's advisor, Goldman Sachs
"The management is of one mind and that is to sell the assets and refocus on North America," one person familiar with the matter told Reuters.
Newfield, the fourth-largest oil producer in Malaysia, has an interest in about 3.3 million net acres offshore Malaysia and about 290,000 net acres offshore China. The Malaysian fields accounted for 39 percent of Newfield's revenues in 2012, while the Chinese fields accounted for 3.3 percent.
Petroliam Nasional Bhd (Petronas)
"Almost all the companies that got through for the Malaysian assets have a good working relationship with Petronas, which awards the production-sharing contracts. So it would be an easy fit then," one person familiar with the process said.
Newfield, which has a market value of $3.2 billion, warned of a 25-30 percent decline in its international production due to natural declines in its Malaysian fields among other factors.
Woodlands, Texas-based Newfield, Exxon and Shell declined to comment. Talisman did not reply to an email seeking comment, while KUFPEC could not be reached for comment. The sources declined to be identified as the sale process is confidential.
(Additional reporting by Andrew Callus in LONDON; Editing by Matt Driskill)