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Ghana: Total pulls out of Oxy deal leaving stakes for sale
Total has pulled out of a deal to take over Anadarko Petroleum Corporation’s Ghana assets after the US independent’s new owner Occidental Petroleum Corporation sought to sell its African holdings. The move, announced by Total on 18 May, follows the French major’s announcement that it would not be taking over Anadarko assets in Algeria’s producing Berkine Basin, another of the four deals included under the purchase and sale agreement (PSA) signed in August 2019.
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