asset divestment
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Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint. -
Shell is continuing to reshape its portfolio with the sale, which includes its interest in the BP-operated Na Kika platform and the Coulomb tieback.
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As the company works to realign its portfolio, it puts its North Sea assets in the crosshairs.
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The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
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The company's CEO says Europe’s third-largest oil field is entering a natural decline phase.
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The Norwegian giant announced it is selling all of its Vaca Muerta assets to Vista Energy.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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Contractor realizes big gains on divestment of business unit owned less than a year.
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Pacific Meltem and Pacific Scirocco will be sold out of the marketed fleet; Noble posts over $2 billion in fresh contract backlog.
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Stonepeak will pay $5.7 billion for 40% interest in the project due for FID later this year.
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