The Australian Financial Review | ExxonMobil trumps Oil Search's offer for Papua New Guinea's InterOil The Australian Financial Review Oil Search is expected to give up on its $US2.2 billion ($2.9 billion) takeover ambitions for InterOil, conceding defeat to ExxonMobil whose rival acquisition of the Papua New Guinea gas explorer will in any case be to its benefit. Exxon trumped Oil ... Exxon's $2.5 Billion Bid for PNG's InterOil Tops Oil Search Exxon Mobil trumps Oil Search in bid for InterOil Oil Search's win-win manoeuvre |