Anadarko Petroleum Corporation (NYSE:APC), the American oil exploration giant, announced yesterday that it has entered into an agreement with India’s Oil & Natural Gas Corporation Limited (NSE:ONGC) to sell a ten percent interest in the Mozambique offshore area.
![Anadarko](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20480%20240'%3E%3C/svg%3E)
Anadarko's transaction of Mozambique Offshore Area 1
Anadarko Petroleum Corporation (NYSE:APC) is to remain the operator of Mozambique Offshore Area 1, with a working interest of 26.5 percent. The transaction is expected to close at the end of 2013 and is subject to approvals by the governments...
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