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
$3,900.0MM
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.