1. Home >
  2. M&A >
  3. Stake Purchase >
  4. TotalEnergies Invests In Mozambique LNG

Investment Summary

TotalEnergies Invests In Mozambique LNG

On September 30, 2019, TotalEnergies invested in oil/gas exploration company Mozambique LNG from Anadarko Petroleum

Investment Highlights
  • This is TotalEnergies’ 3rd transaction in the Oil/Gas Exploration sector.
  • This is TotalEnergies’ 1st transaction in Mozambique.

Investment Summary
Date 2019-09-30
Target Mozambique LNG
Sector Oil/Gas Exploration
Investor(s) TotalEnergies
Sellers(s) Anadarko Petroleum
Deal Type Stake Purchase

Target

Mozambique LNG

Maputo, Mozambique
Mozambique LNG is the country’s first onshore LNG development. The project includes the development of the Golfinho and Atum fields located within Offshore Area 1 and the construction of a two-trains liquefaction plant with a capacity of 12.9 million tonnes per year (Mt/y). The Area 1 contains more than 60 Tcf of gas resources, of which 18 Tcf will be developed with the first two trains. The Final Investment Decision (FID) on Mozambique LNG was announced on June 18, 2019, and the project is expected to come into production by 2024.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

TotalEnergies

Courbevoie, France
Category Company
Founded 1924
Sector Oil/Gas Exploration
Employees62,796
Revenue 195.6B USD (2024)
DESCRIPTION

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables, and electricity. TotalEnergies was founded in 1924 and is based in Courbevoie, France.

DEAL STATS #
Overall 13 of 25
Sector: Oil/Gas Exploration M&A 3 of 7
Type: Stake Purchase M&A Deals 1 of 4
Country: Mozambique M&A 1 of 1
Year: 2019 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-05 Société des Transports Pétroliers par Pipelines

Paris, France

Société des Transports Pétroliers par Pipelines (Trapil) build and operate a pipeline and auxiliary installations to transport refined petroleum products between the Basse-Seine and Paris regions. Trapil is Europe’s oldest, largest civilian pipeline network, comprising 1,375 kilometers of pipe, 28 pumping stations, and 27 delivery terminals.

Sell €260M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-23 Tullow Oil - Uganda Lake Albert Project

Uganda

Tullow Oil plc - Uganda Lake Albert Project develop a crude oil pipeline project in East Africa.

Buy -

Seller(S) 1

SELLER

Anadarko Petroleum

The Woodlands, Texas, United States
Category Company
Founded 1959
Sector Oil/Gas Exploration
Employees5,800
Revenue 12.9B USD (2018)
DESCRIPTION
Anadarko Petroleum's corporate headquarters in The Woodlands, Texas.
Anadarko Petroleum's corporate headquarters in The Woodlands, Texas.

Anadarko Petroleum Corp. is an independent oil and natural gas exploration and production company. Anadarko Petroleum was formed in 1959 and is based in The Woodlands, Texas.

DEAL STATS #
Overall 10 of 10
Sector: Oil/Gas Exploration M&A 9 of 9
Type: Stake Purchase M&A Deals 1 of 1
Country: Mozambique M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-08 Western Gas Partners

The Woodlands, Texas, United States

Western Gas Partners LP owns, operates, acquires and develops midstream energy assets. WES is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids and crude oil for Anadarko, as well as third-party producers and customers.

Sell $4.0B
Mergr

Solution for

Product

Company

Legal