Occidental Petroleum Agrees To $8.8 Billion Sale Of Anadarko’s African Assets
Transaction Type
Buyers
Basin
Africa
Announce Date
Post Date
Close Date
Estimated Price
3.9BB
Description
To purchase Anadarko’s African assets which include assets in Algeria, Ghana, Mozambique and South Africa. (Expected to close 2H 2019)
Editor's note: Completed sale of Anadarko’s Mozambique LNG stake for $3.9 B on Sept. 30, 2019. Remainder of transaction terminated on May 18, 2020. Originally estimated price for full transaction was $8.8 billion.