Anadarko Petroleum Corp. today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Sale and Purchase Agreement with Shell International Trading Middle East Ltd. . The SPA is for 2 million tonnes of LNG per annum for a term of 13 years. "We are very pleased to announce this [...]
Anadarko Petroleum Corp. today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Sale and Purchase Agreement with Tokyo Gas Co., Ltd. and Centrica LNG Company Ltd., a subsidiary of Centrica plc for the long-term supply of LNG. The co-purchasing off-take agreement calls [...]
Anadarko Petroleum Corp. today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Sale and Purchase Agreement with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd. . The SPA is for 1.5 million tonnes per annum for a term of 13 years. "We are pleased to announce [...]
Anadarko Petroleum Corp. will host an investor conference call on Wednesday, Feb. 6, 2019, at 8 a.m. CST to discuss its fourth-quarter and full-year 2018 financial and operating results as well as plans and expectations for 2019. Earnings will be released after close of market on Tuesday, Feb. 5. The full text of the release will be available on [...]
Anadarko Petroleum Corp. today announced the pricing terms of its previously announced cash tender offer for up to $500 million combined aggregate principal amount of its outstanding 3.45% Notes due 2024, 4.85% Notes due 2021 and 5.55% Notes due 2026 in the priorities set forth in the table below. The terms and conditions of the Tender Offer are [...]
Anadarko Petroleum Corp. today announced the early results of its previously announced cash tender offer for up to $500 million combined aggregate principal amount of its outstanding 3.45% Notes due 2024, 4.85% Notes due 2021 and 5.55% Notes due 2026 in the priorities set forth in the table below. The terms and conditions of the Tender Offer are [...]
Anadarko Petroleum Corp. today announced the commencement of a cash tender offer for up to $500 million combined aggregate principal amount of its outstanding 3.45% Notes due 2024, 4.85% Notes due 2021 and 5.55% Notes due 2026 in the priorities set forth in the table below. The purpose of the Tender Offer is to reduce the outstanding debt [...]
Anadarko Petroleum Corp. today announced the election of Alexandra Pruner and Michael K. Grimm to serve as independent directors of the company, effective today. "Alie's experience in the oil and natural gas industry and her strategic leadership in finance and investment banking make her a particularly good fit for our Board of Directors," said [...]
Anadarko Petroleum Corp. today announced Bob Gwin, formerly Executive Vice President , Finance and CFO, has been named President. In his new role, Gwin will be responsible for leading Anadarko's worldwide operations, project management, exploration, midstream and marketing, as well as the company's expanding next-generation technology development [...]
RAISES DIVIDEND AND INCREASES SHARE-REPURCHASE AND DEBT-REDUCTION PROGRAMS Anadarko Petroleum Corp. today announced its 2019 capital expectations and guidance. The company's 2019 capital investment program is $4.3 to $4.7 billion, which represents a decrease relative to its 2018 program and delivers 10-percent oil growth year over year. The [...]
TULSA, Okla. and Saddlehorn Pipeline Company, LLC and ARB Midstream, LLC announced today that they have launched an open season to seek transportation commitments for a joint tariff from the future Matador pipeline through the Saddlehorn pipeline to Cushing, Oklahoma. Interested customers must submit binding commitments by 5:00 p.m. Central Time [...]
As Western Gas Announces Simplification Transaction Anadarko Petroleum Corp. today announced a transaction to sell substantially 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. Concurrently WES announced it has entered [...]