Acquisition | Egypt Oil & Gas

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 ...

TotalEnergies Acquires Tecoil, Develop Circular Economy for Lubricants

TotalEnergies has acquired Finnish firm Tecoil to develop the circular economy for lubricants and meet customer’s demand.

bp to Take Full Ownership of its Brazilian Biofuels JV, Acquiring Bunge’s 50% Interest

bp has acquired Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies.

QatarEnergy Acquires 40% of ExxonMobil Stakes in 2 Offshore Blocks

QatarEnergy has announced signing a farm-in agreement with ExxonMobil to acquire 40% participating interest in two exploration blocks offshore Egypt.

Nesma & Partners Signs Agreement to Acquire Kent

The transaction is predicted to be completed by the end of the calendar year. It is pending regulatory approvals and satisfaction of customary closing conditions.

LNG Japan Acquires 10% Interest in the Scarborough Gas Project in Australia

LNG Japan Corporation announced its acquisition of 10% interest owned by Woodside Energy Group in the Scarborough Joint Venture (JV) which is the owner for the Scarborough gas project in Australia.

ADNOC Drilling Acquires Two New Jack-Up Rigs

ADNOC Drilling Company has inked an agreement to acquire two premium high-specification Gusto MSC CJ46 design offshore jack-up drilling units (the “rigs”). The $220 million-rigs will be brought into the waters off ...

TotalEnergies Acquires Spain’s Iber Resinas  

TotalEnergies acquired Iber Resinas, a Spain-based company specialized in the mechanical recycling of plastics for sustainable applications.

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