Chevron considers selling Indonesian Deepwater Development stake - statement
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JAKARTA (Reuters) - U.S. oil giant Chevron Corp is considering selling its participating interest in the Indonesian Deepwater Development (IDD) gas project, the company said in a statement on Friday."The first stage of IDD, the Bangka development, began production in August 2016 and while the Kutei Basin remains an attractive hydrocarbon region, IDD Stage 2 was not able to compete for capital in Chevron's global portfolio," the statement said.Indonesia's government is negotiating with the U.S...