Total has closed its deal to take over the operating stake in the Mozambique LNG liquefied natural gas development from Anadarko Petroleum, the first part of its $8.8 billion purchase of the now Occidental Petroleum-owned US company's African assets.
The French supermajor has taken over the 26.5% operating stake in the two-train scheme, for which a final investment decision was made in mid-June, with the purchase valued at $3.9 billion.
Total chief executive Patrick Pouyanne had said in the company's
