Chevron plans sell Bangladesh subsidiaries Himalaya Energy

Chevron plans to sell Bangladesh subsidiaries to Himalaya Energy

10:10 AM, 24th April 2017
Chevron logo

SAN RAMON, US: Chevron Global Ventures Ltd, a wholly-owned subsidiary of Chevron Corporation (CVX) has entered into an agreement to sell the shares of its wholly-owned indirect subsidiaries operating in Bangladesh, to Himalaya Energy Co Ltd.

Chevron Bangladesh operates Block 12 in Bibiyana Field and Blocks 13 and 14 in Jalalabad and Moulavi Bazar fields respectively.

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