A major deal in America .. "Occidental" buys "Anadarko" for 38 billion dollars

The shareholders of the US oil and gas producer Anadarko Petroleum overwhelmingly agreed to sell the company for $ 38 billion to its American rival Occidental Petroleum.

To finish
Thus, a short-term race with Chevron has pitted two of the most influential oil companies in the world.

Western beat Chevron in the race to conquer the prize, which is of great value to the oil industry, an area of ​​Anadarko in the Permian Basin, the largest oil shale deposit in the United States , with an area of ​​about 250 000 hectares.

Low cost production in this basin has contributed to the transformation of the United States into the world's leading oil producer with a production capacity of more than 12 million barrels per day.

The shareholders of Anadarko voted 99% of the vote in favor of the deal, which would give them $ 72.34 per share on the basis of the Western closing price on Wednesday.

Investors also voted in favor of approving a non-binding measure of 71% against the transaction involving payments to executives.

The top six leaders of Anadarko must receive $ 300 million in payments.

Western declared immediately after the vote that he had concluded the deal and appointed new executives to the leadership of Western Midstream Partners of Anadarko, responsible for the pipeline business.

The Mozambican government announced in June that the US energy company Anadarko was planning to invest $ 25 billion in the exploitation of gas fields off the country's north coast.

Occidental Petroleum agreed in May to sell $ 8.8 billion worth of Anadarko badets to Algeria, Ghana, Mozambique and South Africa, if the US oil company manages to finalize its acquisition of 39; Anadarko.