Acquisition | Egypt Oil & Gas - Part 2

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).

Vitol to Acquire a Portion of Eni’s Assets in Cote d’Ivoire, Congo

Under a new agreement, Vitol will acquire interests in a number of assets owned by Eni in Côte d’Ivoire and Congo for an aggregate consideration of $1.65 billion at 1 January 2024, with standard cash adjustment at ...

DNO Acquires 100% of Sval Energi’ Shares with Costs $450 Million

DNO ASA, the Norwegian oil and gas operator, announced it has reached agreement to acquire 100% of the shares of Sval Energi Group AS from HitecVision for a cash consideration of $450 million based on an enterpris ...

Badawi Meets with Apex, United Energy CEOs on Western Desert Assets Acquisition

Minister of Petroleum and Mineral Resources Karim Badawi recently met with Thomas Maher, CEO of Apex International Energy, and Kamel Al-Sawi, CEO of United Energy Egypt.

Snam Eyes Stake in Eni’s Carbon Capture Unit

Italy's Snam is studing a binding offer for a stake in Eni's carbon capture and storage (CCS) business, with plans to submit it next month. This follows their joint project launched last year to create Italy's fir ...

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