acquisitions
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ExxonMobil Acquires Offshore Exploration Blocks in Egypt
Tuesday, 31st December 2019
ExxonMobil announced that it acquired more than 1.7 million acres for exploration offshore operations in Egypt and the operations are scheduled to begin in 2020.
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Subsea 7 Takeover 4Subsea to Expand Digital Capability
Monday, 7th October 2019
Subsea 7 announced in a statement published on October 3, 2019 that it has acquired 4Subsea, a leading provider of technology and services.
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TAQA to Acquire Two US Companies
Tuesday, 7th May 2019
TAQA plans two acquisitions in North America of companies working in the areas of oilfield services technology and manufacturing, by the end of the year.
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Enagas Expands Share Acquisitions in Spain and Chile
Thursday, 30th June 2016
Spanish gas grid operator Enagas announces increasing its stakes in two regasification plants in Spain and in Chile. -
Bernstein Predicts New Global Cycle of Mergers & Acquisitions
Monday, 2nd November 2015
Analysts Sanford C. Bernstein & Co. have predicted a rise in mergers and acquisitions over the coming year, with a possible recovery in crude prices to follow, reports BloombergBusiness. -
Sharjah-Based Unique to Take Offshore Services to the World
Sunday, 28th June 2015
Unique Group, a leading integrated subsea and offshore solution provider based in Sharjah (UAE), aims to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets. -
Petsec Energy to Acquire Yemen Blocks
Sunday, 19th April 2015
Petsec Energy has executed an agreement with Oil Search Limited to acquire all the shares of its subsidiary Oil Search (ROY) Limited which holds a 34% participating interest in Block 7, Al Barqa Permit, in the Republic of Yemen, and is the designated operator of the block -
Acquisitions Wave Hits Upstream Oil, Gas Data Management
Tuesday, 17th March 2015
SpeedCast International Limited has signed a definitive agreement for the acquisition of Hermes Datacommunications International Ltd, a leading global provider of managed network services for the upstream oil and gas industry. -
Kentz Oil and Gas Service Provider Headed to Middle East
Wednesday, 11th March 2015
Kentz Corporation, a member of the SNC-Lavalin Group, has been awarded two sustaining capital contracts by a major oil company in the Middle East, with an anticipated combined value of over $500m.
Latest News
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Norpetco Inaugurates HSE Project with $1.3 MM
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021