QP to Acquire 25% Stake in QAFCO
Qatar Petroleum company announced that it has signed a binding agreement to acquire Yara’s 25% stake in Qatar Fertilizer Company (QAFCO).
Acquisition | Egypt Oil & Gas - Part 9
Egypt Gas Acquires 11% of GASCO Stake in Town Gas
The Egyptian Natural Gas Company (GASCO) has sold 11% of its stakes in it Town Gas's shares to Egypt Gas.
Dragon Oil Celebrates Acquisition Amid Egypt’s Investment Climate
The Minister of the Petroleum and Mineral Resources, Tarek El Molla has witnessed the acquisition agreement ceremony of Dragon Company to the share of BP Company in a GUPCO concession costing $ 500 billion.
Dragon Oil to Acquire New Asset in Egypt
The newly acquired asset will add around 70,000 barrels per day (b/d) to the company’s production as it has the potential to produce 100,000 b/d.
United Energy Acquires Kuwait Energy
The $650-million transaction was originally signed last September and completed in late March 2019.
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.
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.
