Sinopec to Pay $3.1B for 33% Interest in Apache Egypt
August 29, 2013 at 21:21 PM EDT
Apache Corporation (NYSE, Nasdaq: APA ) and Sinopec International Petroleum Exploration and Production Corporation today announced they have launched a global strategic partnership to pursue joint upstream oil and gas projects. As the first step in this partnership, Apache will receive $3.1 billion in cash, subject to customary