Chevron to sell Chevron Bangladesh to Himalaya Energy

Chevron

Chevron Corporation said it will be selling shares of its wholly-owned subsidiary, Chevron Bangladesh registered as Chevron Global Ventures, Ltd. to Himalaya Energy Co. Ltd.

The company said in a statement that Chevron Bangladesh operates Block 12 (Bibiyana Field) and Blocks 13 and 14 (Jalalabad and Moulavi Bazar fields).

The closing of the transaction is subject to the satisfaction of certain closing conditions.

Corporate information
Chevron Corporation is one of the world’s leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company’s operations. Chevron is based in San Ramon, Calif.

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