© Reuters. FILE PHOTO: An aerial view shows the newly arrived foundation platform of Leviathan natural gas field, in the Mediterranean Sea, off the coast of Haifa(Reuters) – Noble Energy (O:) shareholders on Friday approved a deal to sell the oil and gas producer to Chevron (N:) , boosting Chevron’s U.S. shale oil holdings and adding international reserves close to growing markets.
The all-stock deal values Noble Energy at around $4.2 billion, excluding $8 billion in debt, and the vote cements the first big energy deal since the coronavirus crushed global fuel demand.
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