Oil and gas companies brace for $10b deal wave

By Gretchen Friemann
Updated September 17 2014 - 4:18pm, first published 11:39am
Apache's auction of its $2.4 billion stake in Chevron's Wheatstone LNG project is the biggest energy asset on the market.
Apache's auction of its $2.4 billion stake in Chevron's Wheatstone LNG project is the biggest energy asset on the market.
Apache's auction of its $2.4 billion stake in Chevron's Wheatstone LNG project is the biggest energy asset on the market.
Apache's auction of its $2.4 billion stake in Chevron's Wheatstone LNG project is the biggest energy asset on the market.
Apache's auction of its $2.4 billion stake in Chevron's Wheatstone LNG project is the biggest energy asset on the market.
Apache's auction of its $2.4 billion stake in Chevron's Wheatstone LNG project is the biggest energy asset on the market.
Apache's auction of its $2.4 billion stake in Chevron's Wheatstone LNG project is the biggest energy asset on the market.
Apache's auction of its $2.4 billion stake in Chevron's Wheatstone LNG project is the biggest energy asset on the market.

Mergers are set to sweep through Australia's oil and gas sector with close to $10 billion of assets currently on the market as international players head towards the exit and local operators seek out new partners in an effort to stave off mounting cost pressures.

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