Chevron Sells Stake In Giant Azeri Oil Field For About $1.6 Billion
Transaction Type
Sellers
Buyers
Basin
Middle East; Azerbaijan
Announce Date
Post Date
Close Date
Estimated Price
$1,570.0MM
Description
Bought Chevron's stake in a giant oil field in Azerbaijan; includes stakes in the BP-operated field in the Caspian Sea and a pipeline transporting crude in the Mediterranean.