Anadarko Petroleum Group continues to invest in natural gas in Mozambique

5 March 2015

US group Anadarko Petroleum plans to invest between US$5.4 billion and US$5.8 billion in 2015 on research and exploration projects for oil and natural gas in several countries, including Mozambique.

A statement posted on the oil group’s website said most of the investment (55 percent) will be made in the United States of America, specifically in onshore mining projects currently in progress.

“In 2015, Anadarko expects to open, in deep water, between nine and 12 exploration/test well, particularly in Colombia, Kenya and the Gulf of Mexico, plans to advance the findings in Shenandoah, in the Gulf of Mexico, and in the Paon sea in Ivory Coast, in order to assess their profitability and continue with the liquefied natural gas project in Mozambique,” the statement said. (macauhub/MZ)