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Hess (HES +4.1%) continues its spate of asset sales, agreeing to sell its 2.72% interest in the...
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Friday, September 7, 2012, 3:10 PM ETHess (HES +4.1%) continues its spate of asset sales, agreeing to sell its 2.72% interest in the Azeri, Chirag and Guneshli Fields in Azerbaijan and its 2.36% interest in the associated BTC pipeline to India's ONGC Videsh for $1B. The sale, expected to close in Q1 2013, is subject to Indian and other government and regulatory approvals.
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