Oil and gas producer, Occidental Petroleum Corp is in talks to sell $4.5 billion worth of energy assets in Africa and the middle east to Indonesia’s PT Pertamina in a bid to ease its debt load.
Pertamina is negotiating the acquisition of oil and gas stakes in countries including Ghana and the United Arab Emirates.
For more information, please see https://www.ghanaweb.com/GhanaHomePage/business/Occidental-in-talks-to-sell-4-5bn-energy-asset-to-Ghana-bound-Pertamina-1021348
