Not exact matches
Steve Pastor, BHP's president for petroleum operations, said this week the company would consider swapping certain
onshore oil and
gas assets with competitors» offshore
assets as part of its effort to exit U.S. shale operations.
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[
Onshore US
assets might command a higher value, but that's offset by the substantial % of natural
gas reserves & the fact Aminex has a weak hand as a seller].
As it prepares to make way for the largest capital investment programme in its history, Enbridge chief executive Al Monaco said the company has identified C$ 10bn ($ 7.9 bn) of non-core
assets it will consider selling, with at least C$ 3bn worth to be sold or monetised in 2018 — including
onshore renewables and unregulated
gas assets.