You have accessed this news story:
ID - Chevron buys Anadarko for $50B; 6th-largest upstream deal - April 2019
Breaking the logjam that has blocked global deal flow since late 2018, Chevron agreed to acquire Anadarko Petroleum for $50 billion. The deal expands Chevron’s US onshore portfolio, primarily in the Permian Basin, adds deepwater Gulf of Mexico assets, and enhances its global LNG portfolio with the addition of Anadarko’s gas discoveries off Mozambique and proposed liquefaction project. “It creates attractive growth opportunities in areas that play to Chevron’s operational strengths and underscores our commitment to short-cycle, higher-return investments,” Chevron chairman and......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.
PLS Web Client?Log in to proceed
|Sign up for PLS Reports
& Web Access!
Already subscribed to Reports?
Sign up for Web Access!