Chevron Announces Planned Sale of Bangladesh Companies

Transaction aligned with asset sales objectives

SAN RAMON, Calif.–(BUSINESS WIRE)–Apr. 24, 2017–
Chevron Corporation (NYSE: CVX) announced that its wholly-owned
subsidiary, Chevron Global Ventures, Ltd., has entered into an agreement
to sell the shares of its wholly-owned indirect subsidiaries operating
in Bangladesh to Himalaya Energy Co. Ltd. Chevron Bangladesh operates
Block 12 (Bibiyana Field) and Blocks 13 and 14 (Jalalabad and Moulavi
Bazar fields). Closing of the transaction is subject to the satisfaction
of certain closing conditions.

Chevron Corporation is one of the world’s leading integrated energy

Chevron News Release

Leave a Reply

Your email address will not be published. Required fields are marked *