SOCO International Completes Acquisition of Merlon
The company agreed with Merlon on the acquisition in exchange of around $136 million in cash, as well as issuing 65,561,041 new ordinary shares of SOCO to Merlon International.
Acquisition | Egypt Oil & Gas - Part 7
Inpector Capital Acquires Scimitar Production Egypt
The company further revealed that it has appointed Erik Vollebregt as Executive Chairman of Scimitar Production Egypt. Previously, Vollebregt had served as the Commercial and Finance Director of Shell Nigeria.
DMWA Resources Backs-off Acquiring Lagia Oil in Egypt
The African-focused resources and trading company decided to seek acquiring other marginal oil and gas field across the continent.
China’s ZhenHua Acquires 4% Stake in ADNOC Onshore Concession
China's ZhenHua Oil Company, through its subsidiary North Petroleum International Company, acquires 4% stakes at the onshore concession in the Rub’ al Khali Basi, which is owned by Abu Dhabi National Oil Company's ...
SDX, BP Terminate Acquisition Talks
SDX Energy Corporation announced the termination of the transaction that was aiming to acquire a part of BP's assets in Egypt.
Sidpec Seeks Acquiring a Chemical Company
Sidi Kerir Petrochemicals Company (Sidpec) held a board meeting to discuss acquiring one of the Egyptian chemicals' companies.
SOCO International to Buy Merlon El Fayum
SOCO International has agreed to buy Merlon Petroleum El Fayum Company for around $215 million.
SDX Confirms Acquisition Talks for BP’s Egypt Assets
SDX Energy has opened talks with BP regarding the acquisition of "a significant package of assets in Egypt".
S Africa, Sinopec Negotiate Chevron’s Refinery Capacity
South Africa is negotiating with the Chinese oil firm Sinopec about its acquisition of Chevron Corp's Cape Town refinery to confirm that the production capacity of the refinery is maintained and improved.
