Anadarko Petroleum is ready to sale its multi-billion dollar Gas Assets in Mozambique. Exxon Mobil and Qatar Petroleum are interested buyers. “This is a $100 billion development that needs developers with significant cash,” a banker said. View the full release here.
Anadarko & Magellan Midstream to acquire a 20% equity interest in Saddlehorn Pipeline Company, for a 550-mile pipeline to transport many types of Crude Oil. View full story here.