US supermajors ExxonMobil and Chevron are looking to sell their stakes in the giant Azeri-Chirag-Gunashli (ACG) oilfield in Azerbaijan as well as a major associated pipeline linking the field with the Mediterranean, writes Kama Mustafayeva.
ExxonMobil is hoping to raise up to $2 billion from the sale of its 6.8% stake in ACG, Reuters reported this week, while Chevron is selling its 9.57%
