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Business & Finance, Business developments & projects
Oil and gas exploration company Tullow Oil has appointed a new independent non-executive director on the company’s board of directors.
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Total has completed the acquisition of Anadarko’s 26.5% interest in the Mozambique LNG project for $3.9 billion.
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French oil and gas major Total has closed the acquisition of Anadarko’s 26.5 percent operated interest in the Mozambique LNG project for a purchase price of $3.9 billion.
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Occidental Petroleum has completed the acquisition of Anadarko Petroleum in a deal worth $55 billion, including the assumption of Anadarko’s debt.
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Occidental Petroleum has completed its acquisition of Anadarko Petroleum in a transaction valued at $55 billion, including the assumption of Anadarko’s debt.
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Oceaneering International has secured a contract to provide M5 connectors to Anadarko Petroleum. Under the contract, Oceaneering will be providing 100+ inboard hubs, connectors, ancillary tools and equipment. The ROV flyable, M5 connector features the Oceaneering Grayloc metal-to-metal sealing system and the latch mechanism from the M-series hydraulic junction plate used in thousands of subsea […]
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Japan’s Inpex has reached an agreement with Anadarko Petroleum to acquire a 40 percent participating interest in Keathley Canyon blocks 921 and 965 as well as Walker Ridge blocks 881 and 925 in the US Gulf of Mexico.
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Equipment, Project & Tenders
Oceaneering International has been awarded a contract by Anadarko for the provision of umbilicals, distribution hardware, and aftermarket services to the Area 1 Mozambique LNG project.
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Business & Finance, Equipment, Project & Tenders
Oceaneering International has secured a contract by Anadarko Moçambique Area 1, a wholly owned subsidiary of Anadarko Petroleum, to supply umbilicals, distribution hardware, and aftermarket services for its Mozambique LNG project. The multiple lengths of onshore and subsea steel tube control umbilicals total approximately 115 miles (185 kilometers) in length. The distribution hardware to be provided […]
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Business & Finance, Equipment
U.S. oil company Anadarko has awarded a number of contracts for its Mozambique Golfinho/Atum development following a final investment decision for the project.
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U.S. independent Anadarko and its co-venturers in Mozambique’s Offshore Area 1 have reached the final investment decision (FID) on Area 1 Mozambique LNG project.
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At US$20 billion, today’s FID is the largest sanction ever in sub-Saharan Africa oil and gas
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Occidental Petroleum’s $38 billion acquisition of rival Anadarko has moved closer to completion as the U.S. antitrust regulators have given it an approval.
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CCS JV, a joint venture between McDermott, Saipem, and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum for work on the Mozambique Area 1 LNG development.
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Saipem said that its part of the project would bring it $6 billion
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Activist investor Carl Icahn is suing oil company Occidental over what he feels is a ‘fundamentally misguided’ deal to buy Anadarko Petroleum. He has slammed the management for “bet-the-company” acquisition for a ‘sky-high’ price and feels Oxy should’ve put itself up for sale instead.
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Volumes discovered in Area 1 and Area 4 offshore Mozambique have the potential to place the country firmly among the world’s largest exporters of LNG.
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U.S. independent Anadarko has signed a deal with Jera Co. and CPC Corporation for the supply of LNG volumes from the Mozambique LNG development.
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U.S. oil and gas firm Anadarko has signed an agreement to sell LNG from its Mozambique LNG project to Jera and CPC Corporation, Taiwan, ahead of the final investment decision expected next month.
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The U.S. oil company Anadarko has agreed to be acquired by Occidental Petroleum after Chevron on Thursday said it wouldn’t raise a previously placed takeover bid.
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Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, has decided to back out of the Anadarko takeover deal.
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U.S. oil major Chevron will not be increasing its initial bid for the takeover Anadarko and expects the previously agreed deal to be terminated as Anadarko has entered into takeover talks with Oxy who recently submitted a superior offer.
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U.S. oil firm Anadarko Petroleum expects to make the final investment decision for its Mozambique LNG project next month.
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U.S. independent oil and gas producer Anadarko is expected to reach the final investment decision on its Mozambique LNG project on June 18, following a meeting with the president of the country Filipe Nyusi.
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Anadarko Petroleum has stated that the revised acquisition proposal from Occidental Petroleum was a “superior proposal” to an already announced merger agreement with Chevron.