Deal Insight
Oxy sells Anadarko's African assets to Total for US$8.8 billion
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The disposal assets were not a natural fit for Occidental, which is predominantly an onshore operator with expertise in tight oil and EOR in the US and the Middle East. The deal will allow Occidental to achieve ~60-90% of its proposed US$10 to US$15 billion disposal target in one swoop, reduce the demands required to integrate the assets into the portfolio, and remove the costs associated with a huge greenfield LNG mega-project over the next few years.
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Mozambique / LNG
- Ghana
- Algeria
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Total
- Occidental
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: Table 1
- NPV by country
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 1
What's included
This report contains:
