Chevron closes Noble Energy acquisition

US MAJOR oil and gas producer Chevron Corp has completed its buy of Noble Energy valued at US$5 billion, in what was the first large merger and acquisition since the pandemic began and the oil price crashed.

Chevron closes Noble Energy acquisition Chevron closes Noble Energy acquisition Chevron closes Noble Energy acquisition Chevron closes Noble Energy acquisition Chevron closes Noble Energy acquisition

Chevron and Noble Energy signed a merger agreement in July. While the transaction was worth US$5 billion, the deal was an all-stock merger.