RSS

Anadarko Petroleum

Associated-dissolved natural gas, also referred to as associated gas, is natural gas produced by oil wells. Read more

Natural Gas/LNG

Occidental remains on track to deliver $10 to $15 billion of planned asset sales and remains confident in its deleveraging strategy. Occidental will continue to take actions to drive value for all of the Company’s stakeholders. Read more

M&A/Investment

Bilfinger Westcon Inc. (BWI) has been awarded a $28 million contract with Anadarko Petroleum Corp. to provide general construction services for a 200-million-standardcubic- feet-per-day cryogenic gas plant near Platteville, Colorado. Read more

Maintenance & Reliability

Oxy CEO 2.png

Courtesy Occidental Petroleum

The earlier-than-expected closing will give the company a head start to evaluate assets that it plans to sell to pay off debt supporting the acquisition. Read more

M&A/Investment

"We remain focused on completing our transaction with Anadarko in the second half of 2019." Read more

M&A/Investment

U.S. energy firm Anadarko Petroleum Corp on Tuesday gave the go-ahead for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa. Read more

Downstream

McDermott International, Inc. today announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Deve Read more

Upstream

Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of USD 965 million in cash. Read more

Upstream

Oxy CEO 2.png

Courtesy Occidental Petroleum

The transaction provides compelling strategic and financial rationale for all stakeholders. Read more

M&A/Investment

Occidental Petroleum Corp. increased the cash component of its $38 billion bid to acquire Anadarko Petroleum Corp. on Sunday, removing a requirement for any deal to receive the approval of Occidental’s shareholders. Read more

M&A/Investment

The court's order freezes the proceeds related to the foreign accounts' trading. Read more

Regulations

Warren Buffett’s Berkshire Hathaway Inc will put $10 billion behind Occidental Petroleum Corp’s bid as it tries to see off competition from Chevron Corp to buy smaller rival Anadarko Petroleum Corp. Read more

M&A/Investment

Anadarko Petroleum Corp said on Monday it planned to resume talks with Occidental Petroleum Corp over its $38 billion bid, putting pressure on Chevron Corp to raise its $33 billion offer for the oil and gas producer. Read more

M&A/Investment

Oxy CEO 2.png

Courtesy Occidental Petroleum

A deal would make Occidental the largest producer of oil in west Texas’s Permian basin, where production has boomed in recent years. Read more

M&A/Investment

There are two prominent issues that cause workplace-related deaths in the oil and gas industry. At 50 percent, the No. 1 factor is traffic fatalities. Read more

Health, Safety & Environmental

The API Summit is a four-day summit includes three days of presentations spanning over 120 topics. Addressing issues involved in asset condition evaluation for drilling, production systems, pipelines, terminals, and storage facilities. Read more

BIC Attends

Anadarko Petroleum Corporation will sell all of its remaining midstream assets for $4.015 billion to Western Gas Partners, LP, with $2.0075 billion cash proceeds, and the balance to be paid in new Western Gas equity. Read more

M&A/Investment