Tag: asset sale

Caspian sale slims ConocoPhillips

Posted on November 27, 2012 at 6:53 am by Simone Sebastian in Deals, Offshore
ConocoPhillips is selling its stake in the enormous Kashagan offshore field in Kazakhstan in a $5 billion deal, the latest move to shrink and streamline its businesses, the corporation announced Monday.  More »

Analysts raving about BP’s latest asset sale

Posted on September 11, 2012 at 8:06 am by Emily Pickrell in Gulf oil spill, Offshore
BP’s Monday announcement of a $5.5 billion sale for several Gulf of Mexico properties has brought praise from analysts for the price commanded, as it moves closer to its target $38 billion asset divestment by the end of 2013.  More »

Three Euro companies to bid on Anadarko’s Brazilian business

Posted on January 16, 2012 at 12:54 pm by Simone Sebastian in Offshore
Three European oil companies are preparing to bid on Anadarko’s Brazilian offshore exploration business, according to London’s Financial Times  More »

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