Chevron Gears Up for North Sea Departure After Over 55 Years
Chevron Gears Up for North Sea Departure After Over 55 Years. Chevron (CVX.N) has announced its intention to divest its remaining UK North Sea oil and gas assets, signaling the U.S. energy giant’s departure from the aging basin after over 55 years of operations. The planned divestment, confirmed by Chevron to Reuters on Thursday, aligns…