South Korea’s top oil refiner SK Innovation has agreed to sell its entire 20% stake in Peru LNG to US-based MidOcean Energy for $256 million to secure capital for its future growth engines, the company said Feb. 8. SK Earthon, the refiner’s subsidiary for exploration and production, signed the deal for the stake sale Feb. 7 with MidOcean Energy, the…
South Korea’s SK Innovation to exit from Peru LNG
South Korea’s top oil refiner SK Innovation has agreed to sell its entire 20% stake in Peru LNG to US-based MidOcean Energy for $256 million to secure capital for its future growth engines, the company said Feb. 8. SK Earthon, the refiner’s subsidiary for exploration and production, signed the deal for the stake sale Feb. 7 with MidOcean Energy, the…
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