NEW YORK: Newfield Exploration Co said on Wednesday it will seek strategic alternatives for its international offshore oil and gas production assets in Malaysia and China to focus on its U.S. assets.
"This action reflects the confidence we have in our domestic portfolio and the substantial opportunities we see across our liquids-rich domestic resource areas," Chief Executive Lee Boothby said in a statement.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!