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Home Companies Company News

Company Watch: Chevron Set To Dispose Its Assets

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 12, 2013
in Company News
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An international oil company operating in Nigeria, Chevron, has announced its intention to divest its stakes in two shallow water oil blocks in the country.

The company said on Tuesday the two oil blocks, OML 83 and OML 85, held an estimated 200 million barrels of oil and an unknown quantity of natural gas.

Chevron to sell stake in Nigerian oil blocks

Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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