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Total Says Anadarko’s Mozambique LNG Project is Perfect Fit

Source: www.gulfoilandgas.com 8/18/2019, Location: Africa

Total SA is committed to developing the Mozambique natural gas project that it will take over from Anadarko Petroleum Corp. as part of its expansion in Africa, the company said. The project, to cost as much as $23 billion to develop, will be Africa’s biggest single investment, and Mozambique is counting on it to transform the economy.

Total is set to buy all of Anadarko’s assets in Africa including oil and gas projects in Ghana and Algeria. In Uganda, Total is in talks with the government on a deal to purchase part of Tullow Oil Plc’s stake in the Lake Albert oil project.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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