Acquisition | Egypt Oil & Gas

ADNOC Logistics & Services Successfully Closes ZMI Acquisition

 ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), announced the successful closing of its acquisition of Zakher Marine International (ZMI). ...

VAALCO Energy, TransGlobe Energy Approve Strategic Business Combination

TransGlobe Energy Corporation announced that it has approved the plan of arrangement in which VAALCO Energy Canada ULC (AcquireCO) will acquire all the issued and outstanding TransGlobe common shares.

Baker Hughes Acquires Quest Integrity

Baker Hughes announced an agreement for its acquisition of Quest Integrity, a subsidiary of Team, Inc and a global leader in the development and delivery of technology-enabled asset inspection and reliability mana ...

SEIC Acquires Stakes in Four Egyptian Companies Worth $1.3B

The Saudi Egyptian Investment Company (SEIC) which is owned by Saudi Arabia's state-owned Public Investment Fund (PIF), declared its acquisition of minority stakes in four Egyptian companies worth $1.3 billion, am ...

Petroleum Sector Acquires Toyota’s EDC Shares

The Egyptian Drilling Company (EDC) disclosed, during its general assembly meeting, that that the petroleum sector has acquired 50% of the company which was owned by Japanese Toyota company.

Tenaz Energy Terminates Acquisition of SDX Energy

Tenaz Energy Corp anounced it has finalized the proposal of acquiring SDX Energy company (the Scheme of Arrangement after 20.2% of issued and outstanding shares have voted in favor with the proposal while 21.6% re ...

Shell Acquires Egypt’s Northeast Amreya Concession Area

BG Ltd., wholly owned by Shell plc, has signed an agreement with ExxonMobil Egypt (Upstream) Ltd. under which Shell will fully acquire and manage the Northeast Amriya Offshore Concession in the Nile Delta in the M ...

TAQA Arabia Acquires Rosetta Energy LNG Arm

TAQA Arabia Group, the leading power distribution and integrated services company in Egypt, announced its acquisition of the liquefied natural gas (LNG) arm of Rosetta Energy, to expand its business in Egypt, Afri ...

Baker Hughes Acquires Altus Intervention to Enhance Mature Field Efficiencies

Baker Hughes has announced its acquisition of Altus Intervention which will boost its existing portfolio in oilfield technologies and integrated solutions through optimizing life-of-well capabilities.

Baker Hughes Acquires Qi2 Elements 

Baker Hughes has announced the acquisition of Qi2 Elements, a designer and manufacturer of advanced robotic sensor systems that inspect, assess, and monitor the integrity of critical energy infrastructure.

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