Chevron Corp. has completed the acquisition of Noble Energy Inc. following approval by the latter’s shareholders.
(Courtesy Chevron)
The Leviathan platform offshore Israel.
Offshore staff
SAN RAMON, California – Chevron Corp. has completed the acquisition of Noble Energy Inc. following approval by the latter’s shareholders.
“We are pleased to welcome Noble Energy’s employees and shareholders to Chevron. Noble’s high-quality assets complement Chevron’s advantaged upstream portfolio, and the combination is expected to deliver strong financial benefits,” said Chevron Chairman and CEO Michael Wirth. “With an industry-leading balance sheet and a track record of capital discipline, we believe we’re in a different place than others and can protect the dividend while driving long-term value.”
