Chevron acquires Noble Energy
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
Chevron Corp. has announced that its acquisition of Noble Energy Inc. has been completed following approval by Noble Energy shareholders.
“We are pleased to welcome Noble Energy’s employees and shareholders to Chevron. Noble’s high-quality assets complement Chevron’s advantaged upstream portfolio, and the combination is expected to deliver strong financial benefits,” said Chevron Chairman and CEO Michael Wirth.
“With an industry-leading balance sheet and a track record of capital discipline, we believe we’re in a different place than others and can protect the dividend while driving long-term value,” added Wirth.
Read the article online at: https://www.hydrocarbonengineering.com/refining/09102020/chevron-acquires-noble-energy/
You might also like
The Hydrocarbon Engineering Podcast - Protecting against LNG pool fires
In this episode of the Hydrocarbon Engineering Podcast, Alec Cusick, Owens Corning Technical Lead, Technical Insulation, joins us to talk about the risks of LNG pool fires and methodologies to mitigate these risks.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
