Juneau (Alaska): Oil and gas producers Santos and Repsol are exploring a sale of a minority stake in oilfields in Alaska they jointly own and develop in a deal that could be worth about US$1bil, according to people familiar with the matter.
The oilfields include the Pikka project, which is one of the largest oil prospects in Alaska and has been valued at about US$4.5bil by consultancy firm Rystad Energy.
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