ChevronTexaco Corp. (NYSE: CVX) said it has sold its wholly owned affiliate Chevron Niugini Ltd. (CNGL) and all of its assets in Papua New Guinea to Oil Search Limited for US$96.6 million. The transaction includes ChevronTexaco’s oil and gas interests in the Kutubu, Moran, Gobe Main and South East Gobe oil fields in Papua New…
PAPUA NEW GUINEA: ChevronTexaco sells assets to Oil Search for US$96.6 million
Posted on July 30, 2003 by EnergyAsia