ADNOC, Occidental Sign SCA to Explore Investment Opportunities in CCS

• Wednesday, 2nd August 2023
• by Fatma Ahmed

ADNOC and Occidental announced that they have inked  a strategic collaboration agreement (SCA) to evaluate potential investment opportunities in carbon dioxide (CO2) capture and storage (CCS) hubs in the UAE and US, l...

Occidental Sells Ghana Assets for $750 M

• Thursday, 14th October 2021
• by Editorial Team

Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy (for $550 million) and Ghana National Petroleum Corporation (GNPC) (for $200 million), the company said in a p...

Sonatrach-led Consortium Signs Partnership Protocol for Berkine Concession

• Monday, 1st February 2021
• by Fatma Ahmed

Sontrach has signed a cooperation protocol with a consortium of Eni, Occidental and Total for partnership in blocks 404 and 208 at Berkine Concession in Algeria, a press release reported. The protocol aims to construc...

Total Not to Acquire Anadarko Algeria Assets

• Thursday, 7th May 2020
• by Editorial Team

French energy major, Total, has been informed by Occidental that it cannot acquire oil and gas assets in Algeria, which was part of the companies’ $8.8 billion deal to buy Anadarko’s assets in Africa, according ...

Ecuador Seeking ‘Friendly’ Resolution to Occidental Dispute

• Monday, 2nd November 2015
• by Egypt Oil & Gas

Ecuador’s President Rafael Correa said on Saturday that his country is in ‘friendly’ negotiations with Occidental Petroleum Corp over the payment of a $1.77b award the Latin American nation was order...