Acquisition | Egypt Oil & Gas - Part 9

Rockhopper Exploration Buys Beach Petroleum Egypt

Beach Energy announced the sale of its subsidiary in Egypt "Beach petroleum" to Rockhopper Exploration, reported Oil voice.

Halliburton Faces More Questioning Over Acquisition of Baker Hughes

Oil services giant Halliburton is facing more questioning from the US Justice Department over the potential acquisition of rival Baker Hughes, reported the Houston Chronicle.

Crude Price Drop Boon to EnergyTEK Asset Acquisition

EnergyTEK Corp is developing a distressed energy asset acquisition programme to take advantage of low asset prices following the slide in oil price.

Repsol to Acquire Talisman Energy

Repsol has entered into an agreement to acquire 100% of Canadian oil company Talisman Energy worth US$8.3 billion (EU6.64 billion) plus debt. The transaction has been unanimously approved and recommended by the board ...

Mergers and Acquisitions in Oil and Gas Industry at 10-year High

Mergers and acquisitions (M&A) in the oil and gas industry hit 10-year highs in terms of deal value and volume in 2014, according to PwC US.

EnLink Acquires Permian Basin Crude Operation

A subsidiary of EnLink Midstream Partners LP has agreed to by LPC Crude Oil Marketing LLC, which has crude oil gathering, transportation, and marketing operations in the Permian basin.

Eni enters Kenya with the acquisition of three exploration blocks

Eni announces the signing of three product sharing contracts, awarded by the government of Kenya, for the acquisition of exploration blocks: L-21, L-23 and L-24, thus marking the entry of Eni in the country. The bloc ...

TransGlobe Expands Footprint in Western Desert of Egypt

TransGlobe Energy Corporation announces the signing of a Share Purchase Agreement with two United States based energy companies to acquire the shares of their direct and indirect wholly owned subsidiaries which hold ...

Sea Dragon Announces Extension to Closing of Acquisition of NPC Egypt

Sea Dragon and Golden Crescent Investments Ltd. have reached a non-binding understanding to extend the date by which Sea Dragon shall be required to complete its acquisition, directly or indirectly, of all of the iss ...

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