Acquisition | Egypt Oil & Gas

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.

bp, ADNOC Announce Bid for Interest in NewMed Energy

bp and ADNOC made a non-binding offer to take NewMed Energy private through an acquisition of the free float and a partial acquisition of Delek’s stake, through this transaction bp and ADNOC will hold 50% of NewMe ...

Wintershall Dea Invests in Wellstarter to Improve Well Flow Monitoring

Wintershall Dea has invested in Norway-based firm Wellstarter, a provider of smart well flow diagnostics.

Sea Dragon Energy, EFGL Reconstitute Their Acquisition Transaction

SDX Energy announced that, upon the request of the Egyptian Natural Gas Holding Company (EGAS), its wholly owned subsidiary, Sea Dragon Energy (Nile B.V.) and Energy Flow Global Limited (EFGL) have reconstituted t ...

TotalEnergies Enters Polish Market with Biogas, Solar Projects

TotalEnergies is expanding its renewable business in Poland by buying Polska Grupa Biogazowa (PGB), the nation’s largest biogas generator, and a 200-megawatt (MW) development pipeline of solar projects.

Equinor Signs Agreement for the Acquisition of Suncor Energy UK  

Equinor has acquired Suncor Energy UK Limited for a total of $850 million, after the signing of a landmark agreement. 

Shell Fully Withdraws from Its Interest in Salym Petroleum Development in Russia

Shell Salym Development B.V, a subsidiary of Shell, has completely withdrawn on its 50% stake in the Salym project, which it jointly developed with Gazprom Neft, a subsidiary of Gazprom.

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