Noble Energy Closes Sale of US Gulf of Mexico Business

Source: www.gulfoilandgas.com 4/12/2018, Location: North America

Noble Energy, Inc. (NBL) (Noble Energy) closed the previously announced divestment of its U.S. Gulf of Mexico assets to Fieldwood Energy LLC (“Fieldwood”), with an effective transaction date of January 1, 2018. Included in the transaction was the Company’s interest in all of its Gulf of Mexico producing properties and undeveloped acreage. An early closing of the transaction was accomplished as a result of Fieldwood’s successful restructuring.

Noble Energy (NBL) is an independent oil and natural gas exploration and production company with a diversified high-quality portfolio of both U.S. unconventional and global offshore conventional assets. Founded more than 85 years ago, the Company is committed to safely and responsibly delivering our purpose


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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