The US oil giant Chevron, which specializes in oil and natural gas production, announced its intention to buy Anadarko for $ 33 billion, and the deal will make the company, the second largest company in terms of oil production Raw after Exxon Mobil, after it was ranked fourth.

Chevron revealed that the proposed amount will be paid in cash and shares, and this deal is one of the largest acquisition deals in the oil industry since Shell's acquisition of British Gas Group three years ago, and the price is considered That Chevron pays 39% higher than Andarco's Thursday closing price.

The deal stipulates that Chevron owed Debt to Anadarko at a value of $ 15 billion, and this deal would expand its role in shale oil production from the Permian Basin and in the production of liquefied natural gas.

It is reported that in the middle of last year, Chevron had achieved less than expected quarterly profits, while executives launched a long-awaited $ 3 billion share repurchase program. < / p>

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