acquisitions | Egypt Oil & Gas
ExxonMobil Acquires Offshore Exploration Blocks in Egypt
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, according to a statement by the company. The company ad...
Subsea 7 Takeover 4Subsea to Expand Digital Capability
Subsea 7 announced in a statement published on October 3, 2019 that it has acquired 4Subsea, a leading provider of technology and services. Subsea 7 clarified that 4Subsea will support it in delivering advanced digita...
TAQA to Acquire Two US Companies
Saudi Arabia’s Industrialization and Energy Services Company (TAQA) plans to acquire two North America-based companies, working in the areas of oilfield services technology and manufacturing, by the end of 2019, Pipel...
Enagas Expands Share Acquisitions in Spain and Chile
Spanish gas grid operator Enagas announces increasing its stakes in two regasification plants in Spain and in Chile, according to Kallanish Energy. According to Natural Gas Europe, the company has increased its stake...
Bernstein Predicts New Global Cycle of Mergers & Acquisitions
Analysts Sanford C. Bernstein & Co. have predicted a rise in mergers and acquisitions (M&A) over the coming year, with a possible recovery in crude prices to follow, reports Bloomberg Business. Among those mak...
Sharjah-Based Unique to Take Offshore Services to the World
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 ke...
Petsec Energy to Acquire Yemen Blocks
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 Republi...
Acquisitions Wave Hits Upstream Oil, Gas Data Management
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 ...
Kentz Oil and Gas Service Provider Headed to Middle East
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. “Both Kentz and SNC-...Page 1 of 1
