MOL Group acquires Chevron oil assets, awaits North Sea approval

Oil and gas company MOL Group invests more than USD 1.5 billion in Chevron assets in Azerbaijani projects. The company is also waiting for a response to its application for permission to extract oil in the North Sea.
Budapest-based MOL Group has extraction activities in 8 countries and exploration in 13. The photo shows the company's Sisak refinery. | Photo: Mol Group PR
Budapest-based MOL Group has extraction activities in 8 countries and exploration in 13. The photo shows the company's Sisak refinery. | Photo: Mol Group PR
BY MATHIAS JULIUS FALKENGAARD

Hungarian oil firm MOL Group acquires a stake of 9.57 percent in giant field Azeri-Chirag-Gunashi (ACG).

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading