Acquisition | Egypt Oil & Gas - Part 8

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.

Cheiron acquired 50% of Sahara North Bahariya Ltd

The acquisition will enable Cheiron to work outside of the Gulf of Suez for the first time.

Cheiron Acquired Engie’s West El Burullus Gas Concession

PICO Group subsidiary, Cheiron, took over 100% of Engie's West El Burullus gas concession.

ADES Group Considers European Offers

The offers include proposals from British companies and banks to acquire shares in the company,

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