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Chevron completed the acquisition of a 37.5% stake in Noble Midstream Partners for $422m.

Synopsis

Chevron, an American multinational energy firm, completed the acquisition of a 37.5% stake in Noble Midstream Partners, an operator and developer of midstream infrastructure assets, for $422m. “We are pleased to fully integrate Noble Midstream’s people, operations, and unitholders into Chevron. By combining our businesses, the acquisition streamlines governance and strengthens our leading positions in the DJ and Permian basins,” Colin Parfitt, Chevron Vice President.

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