FX.co ★ SLB To Sell Its Interests In Palliser Block Located In Alberta, Canada

SLB, a prominent global energy technology firm, has announced its agreement to divest its stake in the Palliser Block situated in Alberta, Canada. This block comprises oil and gas wells, surface facilities, a network of pipelines, and specific oil and gas development rights.

The transaction is anticipated to reach completion towards the end of the fourth quarter of 2024, contingent upon regulatory approval and the fulfillment of standard closing conditions.