Algeria Will Block $8.8 Billion Sale of Anadarko's Assets to Total SA

GALWAY, IRELAND--June 5, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The proposed $8.8 billion sale of Anadarko Petroleum Corporation's (NYSE:APC) (The Woodlands, Texas) assets in Algeria, Ghana, Mozambique and South Africa is under threat after Algeria's government said it will block the sale to French company Total SA (NYSE:TOT) (Paris, France).

Within this article: Details proposed sale block, Anadarko and Total assets and production capacities and related Algerian projects