Occidental sells stake in major fields offshore Ghana for $750m

Sale includes US independent's stake in Jubilee and TEN fields

Cutting debt: Occidental chief executive Vicki Hollub said the proceeds from the $750 million sale would go to debt reduction — Cutting debt: Occidental chief executive Vicki Hollub said the proceeds from the $750 million sale would go to debt reductionPhoto: RACHEL CZECHOWSKYJ/UPSTREAM

Houston and London

Ghana Ghana National Petroleum Corporation.Anadarko Petroleum Oxy Occidental Petroleum

Published 13 October 2021, 22:05Updated 15 October 2021, 14:55