first_imgFeatured image: Stock Sign up for the ESI Africa newsletter Read more stories about: LNG projectsNews from Mozambique Anadarko has been the leading developer of anLNG project relating to Rovuma Offshore Area 1 Block (Area 1) in the Republicof Mozambique. RELATED ARTICLESMORE FROM AUTHOR Anadarko shareholders are receiving $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock in the transaction. The closing of thetransaction follows approval of the transaction by Anadarko’s shareholders at aSpecial Meeting held in August. The transaction is valued at $55 billion, including the assumption of Anadarko’s debt. Low carbon, solar future could increase jobs in the future – SAPVIA Generation More than 99% of theshares voted at the Special Meeting were in favour of the Occidental mergeragreement. An international oil and gas company, Occidental Petroleum Corporation has successfully completed the acquisition of Anadarko Petroleum Corporation. AFD and Eskom commit to a competitive electricity sector TAGSgasLNGMozambique Previous articleUK pledges $250m towards Global Energy Storage ProgrammeNext articleTaxes on coal close to zero finds Taxing Energy Use report Babalwa BunganeBabalwa Bungane is the content producer for ESI Africa – Clarion Events Africa. Babalwa has been writing for the publication for over five years. She also contributes to sister publications; Smart Energy International and Power Engineering International. Babalwa is a social media enthusiast. Hollub added: “We expect to deliver at least $3.5 billion annually in cost and capital spending synergies and the focus of our board and management team is on execution to achieve the promise of this exciting combination. We look forward to updating the market on our continued progress in the months ahead.” BRICS “With Anadarko’s world-class asset portfolio now officially part of Occidental, we begin our work to integrate our two companies and unlock the significant value of this combination for shareholders,” said Vicki Hollub, President and CEO. Finance and Policy UNDP China, CCIEE launch report to facilitate low-carbon developmentlast_img

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