Acquistion | Egypt Oil & Gas
ADNOC Nears EU Approval for €14.7B Covestro Takeover
Abu Dhabi National Oil Company (ADNOC) is close to securing European Union (EU) approval for its €14.7 billion ($17 billion) (Bn) acquisition of German chemicals producer Covestro, sources familiar with the matter tol...
Fertiglobe Expands in Asia-Pacific, Acquires Australian Fertilizer Distributor
Fertiglobe, the world’s largest nitrogen fertilizer producer in the Middle East and North Africa (MENA) region, announced the completion of acquiring the distribution assets of Wengfu Australia Pty Ltd., a leading fe...
XRG-Led Consortium Proposes $19B Acquisition of Santos Energy
A consortium led by ADNOC’s (Abu Dhabi National Oil Company) subsidiary, XRG, including the International Energy Investment Company, ADQ (Abu Dhabi Development Holding Company), and global investment firm Carlyle, has...
Harbour Energy Acquires Wintershall Dea Concessions in Egypt
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Harbour Energy CEO Linda Cook to witness the signing of an agreement for the British company Harbour Energy to acquire the concession areas of th...
Egypt’s NSPO Acquires 20% Stake in TAQA ARABIA for EGP 1.6B
The National Service Projects Organization (NSPO) has acquired a 20% stake in TAQA Arabia, an equivalent of 27.5 million shares, at a price of EGP 1.6 billion (or $52.75 million), Al Ahram Newspaper reported. The acqu...
TotalEnergies EP Canada Acquires Additional Interest in Fort Hills
TotalEnergies EP Canada Ltd. announced that it has used its preemption right to acquire an additional 6.65% interest in the Fort Hills Energy Limited Partnership from Teck Resources Limited, as well as related sales a...Page 1 of 1
