Chevron to Sell More Nigerian Stakes

Thursday, June 25, 2015

Chevron Corp. is selling off more of its stakes in Nigeria. The company said it will sell off its 40% stakes in OMLs 86 and 88 in the Niger Delta region.

The new sale of assets follows the February sale of its stakes in OMLs 83 and 85 to indigenous firm First Exploration & Petroleum Development Co. Ltd. (First E&P).

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