Exxon Mobil Eyes Lukoil’s Stake in Iraq’s West Qurna 2 Giant
Iraqi oil ministry officials said that ExxonMobil has reached out to express interest in acquiring Lukoil’s majority share in the massive West Qurna 2 oilfield, Reuters reported.
Acquisition | Egypt Oil & Gas
ADNOC–Covestro Deal Gets Final Green Light in Germany
The Abu Dhabi National Oil Company (ADNOC), through its international investment company XRG P.J.S.C., announced on November 21 the receipt of the final outstanding regulatory approval needed for its €14.7 billion ...
EU Approves ADNOC’s €14.7 Bn Covestro Takeover
The European Commission (EU) has granted conditional approval for Abu Dhabi National Oil Company (ADNOC)’s landmark €14.7 billion acquisition of German plastics and chemicals manufacturer Covestro, Reuters reporte ...
UEG Completes Acquisition of Apex International Energy
United Energy Group Limited (UEG) announced the successful completion of its acquisition of Apex International Energy Holdings I, following the satisfaction of all conditions precedent under the Sale and Purchase ...
QatarEnergy Acquires 27% Interest in Egypt’s North Cleopatra Offshore Block
QatarEnergy has signed a deal with British shell to acquire a 27% participating interest in the North Cleopatra block offshore Egypt. Herein, Shell will retain a 36% participating interest as operator. Other compa ...
TotalEnergies Acquires 49% Stake in US Natural Gas Company
TotalEnergies, a global integrated energy company, has entered an agreement with Continental Resources, a major American Petroleum and gas company, to acquire a 49% stake in natural gas assets operated by Continen ...
SLB to Acquire RESMAN, Boosting Reservoir Surveillance and Recovery Solutions
SLB, a major technology company, has signed a definitive agreement which is the final, legally binding contract between parties in for acquisition or major transaction, to take over RESMAN Energy Technology. RESM ...
ADNOC-Led Consortium Gets More Time on $18.7bn Santos Bid
Australia's second-largest independent gas producer Santos has agreed to extend the exclusivity period for a $18.7 billion takeover bid from a consortium led by Abu Dhabi National Oil Company (ADNOC), according to ...
Baker Hughes Completes $540Mn Acquisition of Continental Disc Corporation
Baker Hughes, an energy technology company, has completed its $540 million acquisition of Continental Disc Corporation (CDC) from investment partnerships managed by Tinicum Incorporated.
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).
