Anadarko
Proper noun
Meaning
Anadarko
A city, the county seat of Caddo County, Oklahoma, United States.
Examples
Anadarko has been operating in Ghana since 2006 and owes 24 percent of the West African country’s first oil field, Jubilee Field, discovered in 2008.
Alta Resources acquired gas assets in the Marcellus Shale in Pennsylvania for $1.2 billion from Anadarko Petroleum Corp., based in the Woodlands.
Further major opportunities exist in the oil and gas sector; for example: Anadarko LNG Plant has pledged US$20bn to its liquefied natural gas (LNG) project.
Occidental has been trying to sell assets to reduce the $40-billion debt it took on after its $38-billion purchase of Permian rival Anadarko Petroleum last year, an ill-timed bet on rising oil prices.
Both Anadarko Petroleum and Great Western Oil and Gas have temporarily suspended some of their operations to inspect their equipment.
EASA gives wide latitude to inspectors, simply instructing them to be “reasonable,” according to Dustin Duke, senior captain for Anadarko Petroleum.