Chevron Set to Exit UK North Sea ...Middle East

OILPRICE - Economy
Chevron Set to Exit UK North Sea
source : OILPRICE ( Middle East ) () 128
Chevron is preparing to launch a sale process to divest all its remaining operations in the UK North Sea as it looks to focus on the most profitable assets in its portfolio and finalize the $53-billion acquisition of Hess Corporation. With the planned divestment of its UK assets, Chevron would exit the basin after 55 years, the U.S. supermajor told Reuters in a statement on Thursday, confirming the plans. Chevron, which has been active in the UK North Sea for more than 55 years, holds a 19.4% non-operated working interest in…

Hence then, the article about chevron set to exit uk north sea was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Chevron Set to Exit UK North Sea )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Kalaam Telecom Unveils "Klik for Businesses" in Saudi Arabia to Digitize Enterprise Customer Experience

before 45 minute

Trump Could Tap Oil under U.S. Military Bases to Top Strategic Reserve

before 5 hours & 43 minute

Iran War Threatens Gulf Investment Boom in Central Asia

before 7 hours & 55 minute

Nuclear energy in the Middle East: A realistic choice or a risk?

before 9 hours & 27 minute

Why U.S. Drillers Can’t Solve the World’s Oil Supply Crisis

before 9 hours & 56 minute

Power Shortages Threaten Kazakhstan’s $1.9 Billion Data Center Push

before 11 hour & 49 minute

Now Is Your Spark : Huawei offre à chacun la possibilité d'être la star de sa propre vie grâce à des technologies adaptées à tous les scénarios

before 12 hour & 6 minute

Ethiopia: Ethiopian Economic Reform Attracts Zimbabwean Investors - Ambassador Rashid

before 12 hour & 17 minute

Japan’s Hybrid Car Strategy Gains Ground as EV Demand Rises

before 13 hour & 44 minute

CTONE Group Unveils AI Strategy and New Agent Computer Series

before 15 hour & 32 minute

Almarai celebrates graduation of 55 employees from Its annual leadership development programs

before 17 hour & 3 minute

China& 039;s Foreign Trade Grows by 14.2 % in April

before 18 hour & 18 minute

BOE continues to launch new products and solutions in the field of high-end displays

before 18 hour & 56 minute

Want to track the apocalypse? Follow the billionaires’ jets.

before 18 hour & 59 minute

Which Trump Tariffs Are in Place, in the Works or Ruled Illegal

before 19 hour & 42 minute