Aqcuisition | Egypt Oil & Gas

QatarEnergy Acquires 40% Stake in Offshore North Rafah Block

QatarEnergy has acquired 40% participating interest in the North Rafah exploration block offshore the Mediterranean Sea through a farm-in transaction with Italian Eni, the Operator of the block, which would retain the...

Shell to Acquire 100% Shares of Pavilion Energy, Expanding Global LNG Portfolio

Shell’s subsidiary, Eastern Trading Pte. Limited, has signed a deal with Carne Investments Pte. Limited, an indirect wholly owned subsidiary of Temasek to acquire 100% of the shares in Pavilion Energy Pte. Ltd. The ag...

Maridive Sells $37 MM Stake to Najjad Zeenni

Maridive board of directors have agreed to sell a $37 million stake to UAE-based investor, Najjad Zeeni, who will be owning a 12.8% of the company, Egypt Oil & Gas reports. Zeenni who is Chairman, CEO and a 25%-Sh...

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