Inform

Occidental agrees US$8.8bn deal to sell Anadarko's African assets to Total

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Total has reached a binding agreement with Occidental to acquire Anadarko's assets in Africa (Algeria, Ghana, Mozambique and South Africa) for US$8.8 billion. The deal is contingent on Occidental successfully acquiring Anadarko. This Inform looks at the rationale for the deal. Why has Total bought these assets? How do they fit into its portfolio? How will the deal impact Total's balance sheet? What are the implications for Occidental and Chevron, as each company bids to acquire Anadarko?

Table of contents

  • Event
    • What does it mean for Total?
    • Algeria
    • Ghana
    • Mozambique / LNG
    • What does it mean for Occidental's and Chevron's bids for Anadarko?

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    Occidental agrees US$8.8bn deal to sell Anadarko's African assets to Total

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