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UK: Chevron to sell remaining UK North Sea oil and gas assets


17 May 2024

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Reuters reports that Chevron is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark its exit from the UK after more than 55 years.

Chevron's assets include a 19.4% stake in the BP-operated Clair oilfield in the West of Shetland region, the largest in the British North Sea with production of 120,000 barrels per day.

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Source: Reuters





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