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MI - Total to buy Anadarko’s Mozambique LNG in $8.8B Oxy deal - May 2019



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Total will buy Anadarko Petroleum Corp.’s assets in Africa, including the Mozambique LNG project, for $8.8 billion if Occidental Petroleum completes its acquisition. APC accepted Occidental’s $57 billion bid on May 9, a month after agreeing to Chevron’s $50 billion offer. APC was on the way to making a final investment decision in H1 for the 12.8 mtpa project. Mozambique LNG would have been Oxy’s first liquefaction project, while Total is the second-largest public company in the LNG world, with......
 
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