At a late stage of sale, Oxy’s Ghanaian assets show a loss
The American oil company, looking to sell its shares in two offshore blocks inherited from Anadarko (Jubilee Tano Field), depreciated its assets in 2020 and again this first quarter. CNOOC and the Carlyle Group are in the running.
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▪ At a late stage of sale, Oxy’s Ghanaian assets show a loss
▪ The American oil company, looking to sell its shares in two offshore blocks inherited from Anadarko (Jubilee Tano Field), depreciated its assets in 2020 and again this first quarter. CNOOC and the Carlyle Group are in the running.
▪ https://www.africabusinessplus.com/en/807942/at-a-late-stage-of-sale-oxys-ghanaian-assets-show-a-loss/
Still declared actively for sale, Occidental Petroleum’s (Oxy) stakes in Ghana in the offshore Jubilee field recorded a poor financial performance with substantial losses at the start of the year.
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