Marubeni Sells Stake in Big Foot Oil Field to Modiin Energy
Japanese conglomerate Marubeni has sold its 12.5% stake in the Gulf of Mexico's Big Foot oil and gas field to an entity controlled by Israel-based Modiin Energy and Eventide Partners as part of a strategic shift under its Mid-Term Management Strategy GC2027.
Tickers: $CVX
Topics: divestment energy strategy oil and gas