Acquisition | Egypt Oil & Gas - Part 2

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.

Aramco Acquires New Investments in Poland

The Saudi Arabian Oil Company "Aramco" announced that it is expanding its presence in Europe by acquiring stakes in Poland’s refining, wholesale and jet fuel segments.

Shell to Secure Acquisition of Big Australian Energy Retailer

Shell Energy Operations Pty Ltd, a wholly-owned subsidiary of Shell will acquire Powershop Australia, an online energy retailer which is serving more than 185,000 customers in Australia.

Shell Signs Agreement to Acquire Landmark Retail Sites in U.S.

Shell Retail and Convenience Operations which is a subsidiary of Shell Oil Products, has signed an agreement to acquire 248 fuel and convenience retail sites from the Landmark Group.

Chevron to Secure NEXBASE™ Brand Acquisition from Neste Oyj 

Chevron Global Energy announced that it will acquire the NEXBASE™ brand through signing an agreement with its owner Neste Oyj.

LUKOIL Joins SWAP Exploration Project in Azerbaijan

LUKOIL signs Agreement to acquire 25% in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan Sector of the Caspian Sea from BP.

Russia’s Novatek Acquires E&P Licenses for Two Subsoil Areas

Novatek company announced that it has acquired, through an auction, the geological survey, exploration, and production (E&P) licenses for two subsoil license areas including the Arkticheskoye and Neytinskoye field ...

Cairn Energy to Complete Shell Egypt Acquisition in Q3 2021

Cairn Energy PLC is expecting to complete the acquisition of Shell Egypt's Western Desert assets in Q3 2021.

ADNOC Drilling, Helmerich & Payne Enter into Strategic Alliance

The Abu Dhabi National Oil Company (ADNOC) and its subsidiary ADNOC Drilling Company (ADNOC Drilling) along with Helmerich & Payne, Inc. (H&P) have announced formation of strategic alliance.

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