The halt of the payout would save $77 million per year, helping National Oilwell Varco to navigate these uncertain times. 3. Occidental Petroleum OXY and TOTAL S.A. TOT canceled the remaining part of the deal for Africa assets. Notably, the deal was signed between the two companies on May 5, 2019. TOTAL had entered into the deal with Occidental to acquire Anadarko's assets in Africa (Algeria, Ghana, Mozambique, South Africa) for a total value of $8.8 billion. TOTAL has already acquired Mozambique and South African assets from Occidental. However, Algerian authorities disapproved the sale of Occidental's assets in the country to TOTAL. TOTAL has also decided not to acquire Occidental's Ghana assets. The discontinuation of the said agreement will now allow Occidental to look for a third party to sell its Ghana assets. Nonetheless, Occidental has decided to retain and operate the Algerian assets.