Another multinational oil and gas
company is preparing to pull the trigger
on the sale of its UK North Sea assets.
Chevron received a bid from
Delek Group through its
subsidiary Ithaca Energy for
the assets, the Israel-based company
confirmed April 28. Delek recently struck a
$965 million deal to buy Shell’s stake in a
US Gulf of Mexico oil field but was thwarted
by a preferential bid from Equinor (PG.21).
Earlier in April, a Bloomberg story
citing unnamed sources reported that
Delek and UK chemicals giant......
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