Occidental improves structure of Anadarko bid and will sell France's Total the LNG assets

Monday, 06 May 2019

Occidental Petroleum, the Texas-based company competing with Chevron Corp. to take over Anadarko Petroleum for around $55 billion including debt, has improved the structure of its offer and said it would sell Anadarko’s Mozambique LNG stake and other African assets to French major Total if its deal was accepted.

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