See here for a complete list of exchanges and delays. Keep abreast with current events with our weekly headlines.You’ll also be notified of our free articles & maps. (CONTINUED - 1041 WORDS). Total’s rapid Algeria expansion over the last two years was dealt a huge blow on 4 December when Energy Minister Mohamed Arkab said state-oil giant Sonatrach would pre-empt the sale of Occidental’s (Oxy) ex-Anadarko Algeria assets to the French major. Energy major Total has been told by Occidental that it cannot acquire oil and gas assets in Algeria that were part of an $8.8 billion deal reached by the companies on Anadarko's assets in Africa. However, any involvement in the sector by former colonial power France is controversial in Algeria.
Protesters who have been demonstrating in huge numbers since February for a change in the ruling hierarchy have also marched against the new energy law and chanted slogans opposing Total’s involvement in Algeria. Total, through the deal with Occidental Petroleum, would acquire Anadarko Petroleum’s 24.5% stake and operatorship of blocks 404a and 208 in the Berkine basin in Algeria where it already has a stake of 12.25%. As part of the deal it agreed to sell Anadarko’s assets in Algeria, Ghana, Mozambique and South Africa to Total for $8.8 billion. You can unsubscribe at any time. PARIS (Reuters) - Total will meet Algerian authorities for talks over its plans to buy Anadarko's assets in the country and is not worried by media reports that Algiers would block the deal, Chief Executive Patrick Pouyanne said on Wednesday. Leider verweigern Sie uns diese Einnahmen. Der US-Ölförderer wird vom Konkurrent Occidental Petroleum umworben. The “jewel” of the deal, a 26.5% operator’s stake in the $20bn 12.9mn t/y Mozambique LNG project closed in September (MEES, 1 November) and discussions with the authorities in Ghana are ongoing, but Algeria was always going to be a challenge. This material may not be published, broadcast, rewritten, or redistributed. Sollte Occidental eine Übernahme gelingen, will der Konzern Vermögenswerte von Anadarko in Algerien, Ghana, Mosambik und Südafrika für insgesamt 8,8 Milliarden Dollar verkaufen. But Its Other Mena Assets Could Be, Energean Retains East Med Focus In Cut-Price, Cut-Scope Edison Deal. The law is aimed at boosting production of oil and gas, a key source of revenue, which has been falling. Sonatrach would implement its “pre-emption right” to block the deal, Arkab told APS. Total’s rapid Algeria expansion over the last two years was dealt a huge blow on 4 December when Energy Minister Mohamed Arkab said state-oil giant Sonatrach would pre-empt the sale of Occidental’s (Oxy) ex-Anadarko Algeria assets to the French major. Deshalb will die Regierung sich gegen den Verkauf stemmen. All quotes delayed a minimum of 15 minutes. deal to sell Anadarko assets in Algeria to Total, Algeria's energy minister told state news agency APS on Wednesday. Mit unserem Karriere-Portal den Traumjob finden, Jetzt kostenlose Immobilienbewertung erhalten.
Algeria’s parliament has passed a new energy law that encourages international investment in its oil and gas sector while keeping a bar on majority foreign ownership of hydrocarbons projects. LONDON (Bloomberg) - Total SA abandoned a plan to acquire assets from Occidental Petroleum in Ghana, walking away after a proposal to buy Algerian projects from the U.S. company also collapsed. Der US-Ölförderer Anadarko Petroleum wird vom Konkurrent Occidental Petroleum umworben. Algier Algerien will einen Verkauf von Anadarko-Anlagen an den französischen Ölmulti Total verhindern. By signing up, you agree to receive promotional emails.
Our Standards: The Thomson Reuters Trust Principles. Mit den Werbeerlösen können wir die Arbeit unserer Redaktion bezahlen und Qualitätsartikel kostenfrei veröffentlichen. Keine Gewähr für die Richtigkeit der Angaben. „Wir haben gute Beziehungen zu Anadarko und wir werden alles tun, um die Interessen Algeriens zu wahren, einschließlich der Nutzung unseres Vorkaufsrechts, um den Verkauf zu blockieren“, sagte Energieminister Mohamed Arkab Reportern am Rande einer Konferenz. Algeria will block Total from acquiring Anadarko's assets in Algeria, energy minister Mohamed Arkab told reporters on the sidelines of a conference on Sunday. Mohamed Arkab said the deal, part of a wider sale of Anadarko assets to Total after its acquisition by Occidental this year, was “incompatible” with Algerian legislation. Total had agreed with Oxy to take Anadarko’s Africa assets in an $8.8bn side-deal to Oxy's $57bn purchase of the smaller US firm (MEES, 10 May). For more information, read our privacy statement.
Algeria's state-owned Sonatrach will block Occidental Petroleum's
All rights reserved. Wenn Sie unser Angebot schätzen, schalten Sie bitte den Adblocker ab. Its Algerian assets had production of around 260,000 barrels a day, about a quarter of the North African country’s total crude output. Realisierung und Hosting der Finanzmarktinformationen: Verzögerung der Kursdaten: Deutsche Börse 15 Min., Nasdaq und NYSE 20 Min. Sunny Hill: All Eggs Now In (Delayed) Algerian Basket, Sonatrach & Spain’s Naturgy Settle Gas Price Battle, Algeria’s Sonatrach Mulls Italy Refinery Sale, Algeria: First Half Oil Output Lowest In Decades, Oxy: Algeria Is Not for Sale. Besteht Ihr Lebenslauf den Recruiter-Check? ALGIERS (Reuters) - Algeria's state-owned Sonatrach will block Occidental Petroleum's.