Acquisition | Egypt Oil & Gas - Part 4

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.

Park Energy Acquires Archrock’s Operating Assets

Park Energy Services has acquired a certain lower horsepower operating assets from Archrock.

LUKOIL to Acquire Hydrocarbon Production Project in Mexico

LUKOIL company announced that it enters into an agreement to acquire operation stake of 50% in the Area 4 project in Mexico by acquiring the operator’s holding company for $435 million.

Qatar Petroleum Enter Agreement with TotalEnergies to Acquire Interests in South Africa Blocks

Qatar Petroleum has signed agreements with TotalEnergies for acquiring three offshore exploration and production (E&P) blocks in South Africa.

OQ, Madyan Sign Agreement for Assets Acquisition

OQ Gas Networks has signed an agreement with the Public Establishment for Industrial Estates (Madyan) to acquire its gas assets,

Raizen to Acquire Shell’s Lubricant Business in Brazil

Brazilian energy company Raizen, a joint venture between Royal Dutch Shell Plc and local group Cosan SA, has announced the acquisition of Shell’s lubricant businesses in Brazil, including a blending plant and a te ...

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