Acquisition | Egypt Oil & Gas

Aramco Successfully Acquires 50% of APQ’s Interests in BHIG

Aramco and Air Products Qudra (APQ) announced that Aramco completed the acquisition of a 50% equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG).

Vitol to Acquire a Portion of Eni’s Assets in Cote d’Ivoire, Congo

Under a new agreement, Vitol will acquire interests in a number of assets owned by Eni in Côte d’Ivoire and Congo for an aggregate consideration of $1.65 billion at 1 January 2024, with standard cash adjustment at ...

DNO Acquires 100% of Sval Energi’ Shares with Costs $450 Million

DNO ASA, the Norwegian oil and gas operator, announced it has reached agreement to acquire 100% of the shares of Sval Energi Group AS from HitecVision for a cash consideration of $450 million based on an enterpris ...

Badawi Meets with Apex, United Energy CEOs on Western Desert Assets Acquisition

Minister of Petroleum and Mineral Resources Karim Badawi recently met with Thomas Maher, CEO of Apex International Energy, and Kamel Al-Sawi, CEO of United Energy Egypt.

Snam Eyes Stake in Eni’s Carbon Capture Unit

Italy's Snam is studing a binding offer for a stake in Eni's carbon capture and storage (CCS) business, with plans to submit it next month. This follows their joint project launched last year to create Italy's fir ...

TotalEnergies Completes Acquisition of 50% Stakes in SapuraOMV

TotalEnergies has completed its acquisition of the stakes held by OMV and Sapura Upstream Assets in SapuraOMV Upstream, resulting in TotalEnergies now holding 50% of SapuraOMV, an independent gas producer based in ...

Eni Secures Four New Offshore Blocks in Côte d’Ivoire

Eni has signed contracts with the Ministry of Mines, Oil and Energy of Côte d’Ivoire in Abidjan to acquire four new exploration blocks in the country’s offshore region.

Petrobras Expands Operations in South Africa, Acquiring Offshore Block in Orange Basin

Petrobras has acquired a 10% stake in the Deep Western Orange Basin (DWOB) block after the Board of Directors has given the green light to begin operations in South Africa.

AngloGold Ashanti to Acquire Centamin Shares in $2.5B Deal

AngloGold Ashanti will acquire Centamin, an Egypt-focused gold mining company, in a $2.5 billion stock and cash deal. This acquisition will expand AngloGold Ashanti's operations in Africa, a region rich in gold re ...

Aramco, Air Products Qudra Cooperate to Develop Lower-Carbon Hydrogen Production Business

Aramco has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly owned subsidiary of Air Products Qudra (APQ). The agreement will al ...

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