Occidental Eyes Sale Of All Mideast Assets
US independent Occidental (Oxy) is considering selling its Mideast assets. Even if Oxy fails to follow through on such plans, recently floated by CEO Steve Chazen, talk of this as an option may negatively impact its chances of success in ongoing attempts to secure a stake in Abu Dhabi’s ADCO concession. ADCO operates the emirate’s main producing onshore fields. MEES learns that Mr Chazen is...
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