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Energy

Occidental Petroleum to sell Colombia onshore assets for $825 million

Oct 1 (Reuters) - Debt-laden U.S. oil producer Occidental Petroleum Corp said on Thursday it has agreed to sell its onshore assets in Colombia to private equity firm Carlyle Group Inc for $825 million.

Occidental said it will retain a presence in the South American nation through its offshore exploration blocks. (Reporting by Shruti Sonal in Bengaluru; Editing by Arun Koyyur)

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