Anadarko Petroleum puts US oil investments ahead of Mozambique LNG project plans

Tuesday, 20 September 2016

Anadarko Petroleum Corp., which recently said it would take a final investment decision on the Mozambique liquefied natural gas export project in southeast Africa when political and financial uncertainly ended, has agreed to buy Gulf of Mexico oil assets from Freeport-McMoRan Inc. for $2 billion to push ahead with its US oil field development strategy.

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