Middle East Economic Survey
Amerada Hess Acquires Apache Stake In Offshore West Mediterranean
Amerada Hess on 13 October said it had acquired from Apache Corp a 55% stake in the deepwater section of Egypts offshore West Mediterranean concession for $413mn. In a separate transaction, Apache will purchase Amerada Hess assets in eight oilfields in the Permian basin in West Texas and New Mexico for $404mn. The deepwater section of the West Mediterranean...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!