Eritrea
ANADARKO BUILDS UP PROPERTY
The U.S. company Anadarko has just added a new, 9308 sq.km. property to the south of a 27,115 sq.km. licence, [...]
Anadarko was an oil and gas exploration company based in Texas and one of America’s most active oil companies in Africa. It was a pioneer in the nascent Mozambican oil industry, before making way for the major oil companies, as they alone had the requisite financial resources to develop the oilfields in the country's offshore. It was taken over by Occidental Petroleum in 2019.
The U.S. Eximbank is reported to have refused to provide [...]