Mergers and Acquisitions in Oil and Gas Industry at 10-year High

• Sunday, 1st February 2015
• by Egypt Oil & Gas

Mergers and acquisitions (M&A) in the oil and gas industry hit 10-year highs in terms of deal value and volume in 2014, according to PwC US.

EnLink Acquires Permian Basin Crude Operation

• Thursday, 15th January 2015
• by Egypt Oil & Gas

A subsidiary of EnLink Midstream Partners LP has agreed to by LPC Crude Oil Marketing LLC, which has crude oil gathering, transportation, and marketing operations in the Permian basin.

Eni enters Kenya with the acquisition of three exploration blocks

• Wednesday, 4th July 2012
• by Egypt Oil & Gas

Eni announces the signing of three product sharing contracts, awarded by the government of Kenya, for the acquisition of exploration blocks: L-21, L-23 and L-24, thus marking the entry of Eni in the country. The bloc ...

TransGlobe Expands Footprint in Western Desert of Egypt

• Wednesday, 2nd May 2012
• by Egypt Oil & Gas

TransGlobe Energy Corporation announces the signing of a Share Purchase Agreement with two United States based energy companies to acquire the shares of their direct and indirect wholly owned subsidiaries which hold ...

Sea Dragon Announces Extension to Closing of Acquisition of NPC Egypt

• Wednesday, 2nd May 2012
• by Egypt Oil & Gas

Sea Dragon and Golden Crescent Investments Ltd. have reached a non-binding understanding to extend the date by which Sea Dragon shall be required to complete its acquisition, directly or indirectly, of all of the iss ...