Green Touch Builders | Exxon reportedly front-runner for Anadarko's Mozambique gas assets
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April 17, 2015 By SEO Admin

Exxon reportedly front-runner for Anadarko's Mozambique gas assets

Houston-based Anadarko Petroleum Corp. (NYSE: APC) is considering selling its stake in Mozambique’s gas reserves, sources told Reuters.

Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM) appears to be the front-runner, though Qatar Petroleum is another likely contender, Reuters reports. The Netherlands-based Royal Dutch Shell PLC (NYSE: RDS-A) reportedly dropped out after announcing its $70 billion acquisition of London-based BG Group PLC.

In 2013, Anadarko sold a 10 percent interest in the Offshore…