UPDATE 1-Occidental agrees to sell two Ghana assets for $750 mln

Yahoo! Finance Oct 13, 2021 04:34 PM ET

Occidental Petroleum Corp agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corp, the oil and gas producer said on Wednesday, as it looks to cut the debt it took on with its purchase of Anadarko Petroleum. The deal includes Occidental's interests in both the Jubilee and TEN fields, which together had net production of 22,000 barrels of oil equivalent per day for the second-quarter of 2021. Occidental said the proceeds from...