Anadarko Petroleum sells China subsidiary for $1.08B

By NewsOK

HOUSTON — Oil and gas company Anadarko Petroleum Corp. is selling its Chinese subsidiary for about $1.08 billion as it focuses more in North America.

Chinese energy company Brightoil Petroleum (Holdings) Ltd. is buying the unit, which owns Anadarko’s stake in the Bohai Bay field off the coast of China.

Read More
TAGS Oil, News

Similar Posts