Sunday, August 18, 2019

Chevron to sell North Sea assets to Ithica for $2 billion

Chevron office in Aberdeen
Chevron office in Aberdeen

Chevron is to sell its North Sea assets to Ithica Energy for $2 billion (£1.6 billion).

Ithaca Energy is wholly owned by Delek, the Israel based conglomerate which is expected to make a public listing in the near future.

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