Chevron Corporation's wholly owned subsidiary Chevron Global Ventures has agreed to sell its interests in two oil and gas companies to Himalaya Energy, namely Chevron Bangladesh Block 12, and Chevron Bangladesh Blocks 13 and 14.
The acquirer company is owned by China ZhenHua Oil Co and CNIC Corporation, and will pay approximately $2bn as purchase consideration for the acquisition, according to Reuters.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Enagas Internacional and Canada Pension Plan Investment Board (CPPIB) have acquired a 21% and 30% stake respectively in gas and natural gas liquids pipeline operator, Compania Operadora de Gas del Amazonas Sac (COGA).
The acquisition was made through Carmen Corporation and involved a consideration of $8.86m and $12.46m respectively by Enagas Internacional and CPPIB.
COGA is owned by Enagas Internacional (51%) and CPPIB (49%) as a result of the transaction.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData