Deals - Joint Ventures | Deals - Acquisition, Mergers, Divestitures
Noble's Leviathan Project Gains Strategic Partner
Print
|
Noble Energy, Inc. has reported that the partners in the Leviathan Project have agreed in principle on a proposal to sell 30 percent working interest in the offshore Leviathan licenses to Woodside Energy Ltd.
All of the Leviathan partners, Noble Energy, Delek Drilling, Avner Oil Exploration and Ratio Oil Exploration, are participating as sellers to Woodside. Noble Energy will convey a 9.66 percent working interest and will continue as upstream operator with a 30 percent working interest. The transaction is subject to the negotiations and execution of definitive agreements between the parties, as well as customary approvals, prior to closing.
Charles D. Davidson, Noble Energy's Chairman and CEO, commented, "Noble Energy is extremely pleased to welcome such a substantial and knowledgeable…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations