Restructuring has become Apache’s near-term focus after a series of organizational changes. Operationally, Apache now is targeting opportunities in North America and free-cash-flow-generation from its Egyptian and North Sea assets through the creation of three super regions. In North America, the company is merging resources into two super regions: the Permian Region and the Houston Region. Meanwhile, Egypt, the North Sea and the Gulf of Mexico will form the combined International and Offshore Region.Apache’s......
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