Chevron Corp. has completed its acquisition of Noble Energy Inc., following the recent approval of the Texas-based oil and gas producer's shareholders, according to an Oct. 5 news release.

Chevron in July announced its plans to acquire Noble Energy through an all-stock offer through which Noble Energy shareholders would receive 0.1191 Chevron share for each Noble Energy share held.

Noble Energy in the third quarter of 2019 began analyzing offers to sell certain assets, a process that took them through nearly a dozen potential buyers.