BHP buys larger oil and gas stake from Hess – MarketWatch

BHP buys larger oil and gas stake from Hess – MarketWatch

SYDNEY – BHP Group Ltd. said it will acquire an additional 28% stake in Shenzi oil and gas development in the Gulf of Mexico from Hess Corp. for 505 million US dollars. The acquisition brings BHP’s interest in the development to 72% and adds about 11,000 barrels of oil equivalent per day of production, said […]

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