Conocophillips selling Nigerian assets - sources
LONDON May 8 (Reuters) - U.S. oil major Conocophillips is selling all of its Nigerian assets including on-shore and off-shore oil and gas fields and a stake in its LNG Brass facility, sources familiar with the situation told Reuters.
The assets are expected to attract interest from Nigerian and Asian players and could be sold individually, the sources said, and could help Conocophillips raise several billions of dollars.
ConocoPhillips recently completed the spin-off of its downstream activities into Phillips 66, a newly-created independent U.S. refiner.
- Man called Bitcoin's father denies ties, leads LA car chase
- Malaysia Airlines loses contact with plane carrying 239 people
- Ukraine standoff intensifies, Russia says sanctions will 'boomerang' |
- Florida mayor fights backyard gun ranges in 'Gunshine State'
- Apple loses bid for U.S. ban on Samsung smartphone sales