Chevron Global Ventures Ltd. has canceled plans to sell its wholly owned indirect subsidiaries in Bangladesh to Himalaya Energy Co. Ltd. of China, according to press reports.
The subsidiaries produced 720 MMcfd of natural gas and 3,000 b/d of condensate net to its interests in 2015 from Bibiyana, Jalalabad, and Moulavi Bazar fields in the northeastern part of the country.
