Inpex Corp., the Japanese operator of the Ichthys LNG export plant in Australian and with a stake in a large Indonesian liquefaction project, has acquired an additional portion of ExxonMobil’s Lucius and Hadrian North field stakes in the US Gulf of Mexico producing oil and natural gas.

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Occidental Petroleum Corp. recorded a fall in second-quarter profits as it advanced with its takeover of Anadarko Petroleum whose shareholders are scheduled to vote on the deal on August 8, deciding the final destination of a major stake in Mozambique LNG.

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Chevron Corp. has pulled out of the bidding battle for Anadarko Petroleum and its Mozambique liquefied natural gas stake and US assets, leaving the way clear for Occidental Petroleum to acquire Anadarko and for French major Total to own the African and LNG assets.

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KBR, the US engineering and construction company, is continuing with its success in winning more oil and gas and LNG contracts by being nominated for work on a key sour gas project in Abu Dhabi in the United Arab Emirates.

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