MOL May Buy Chevron's Stake in Azerbaijan Oil Field, Sources Say -Reuters
09 Octubre 2019 - 1:40PM
Noticias Dow Jones
--Hungary's MOL has been in talks to acquire Chevron's stake in
an oil field in Azerbaijan, Reuters reported Wednesday, citing
"three banking and industry sources involved in the process."
--Chevron is looking to sell its stake in the
Azeri-Chirag-Gunashli oil field, which is operated by BP PLC, the
report said.
--MOL would pay more than $2 billion for a 9.57% stake in the
field, the report said.
--MOL and Chevron declined to comment, according to the
report.
Full story:
https://www.reuters.com/article/us-chevron-azerbaijan-mol-magyar-olaj/hungarys-mol-in-talks-for-chevrons-2-billion-stake-in-giant-azeri-oilfield-sources-idUSKBN1WO25Z
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 09, 2019 14:25 ET (18:25 GMT)
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