Again, Chevron put two Nigerian businesses up for sale

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Again, Chevron put two Nigerian businesses up for sale

United States-based energy corporation, Chevron has again put up for sale its stake in two Nigerian offshore oil and gas blocks, a sale document seen by Reuters News Agency showed, as the company seeks to dispose of aging assets to focus on its fast-growing production in the United States.

The two businesses are shallow-water Oil Mining Lease (OML) 86 and OML 88. Chevron will be selling its 40 per cent stake in the businesses.

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