Asia
Newport’s oil and gas assets sale draws interest
Kuala Lumpur: Around 60 companies are keen to bid for Newfield Exploration Co’s oil and gas assets in Malaysia and China, thought to be worth in the region of $1.7bn.
Stage 1 for bid submission is on July 16.
So far, SapuraKencana Petroleum is the only company that has publicly declared its interest in Newfield’s assets.
America’s Newfield appointed Goldman Sachs earlier this year to hive off its international businesses. [09/07/13]