oxy ‘looking forward’ to returning to deepwater US Gulf of Mexico

摘要

Houston-Occidental Petroleum is “looking forward” to returning to deepwater Gulf of Mexico operations after more than a decade’s absence, with the space ramping up activity and existing production infrastructure especially prized, one of its top executives said. Oxy, which expects to close a $57 billion takeover of Anadarko Petroleum on August 8 after Anadarko shareholders vote on the transaction, would even re-acquire a former asset in the deal, Kenneth Dillon, senior vice president, said Thursday during the company’s Q2 earnings conference call.