ConocoPhillips Sells Vietnam Ops To Perenco For $1.3B
The deal is expected to close in the first half of the year. Under the agreement, a Perenco subsidiary will acquire ConocoPhillips’ stakes in the 244-mile Nam Con Son pipeline and two offshore oil blocks in the Cuu Long Basin.
The move is part of an effort by ConocoPhillips to sell off $20 billion...
To view the full article, register now.