Sonatrach Becomes Main Shareholder in the Medgaz Pipeline
Algeria's State run oil company, Sonatrach, has become the main shareholder in the Medgaz pipeline after the acquisition of a further 19.1% stake from Spain’s Cepsa.
Algeria's State run oil company, Sonatrach, has become the main shareholder in the Medgaz pipeline after the acquisition of a further 19.1% stake from Spain’s Cepsa.
Sonatrach and Cepsa awarded KBR a contract to provide basic engineering design (BED) and front-end engineering design (FEED) for Algeria’s Rhoude el Krouf Field (RKF) redevelopment project.
Abu Dhabi’s Mubadala has agreed to sell a 30-40% stake in Cepsa to the US-based global investment firm, Carlyle Group.
The Abu Dhabi National Oil Company (ADNOC) and its partner Cepsa plan to develop the Linear Alkylbenzene (LAB) plant in the Ruwais Derivatives Park.
Abu Dhabi's state-owned Mubadala Investment Company has halted plans to list 25% of Spanish oil company Cepsa after investors were not convinced by its valuation.
Abu Dhabi’s investment company Mubadala plans to list 25% of Spanish oil company Cepsa, of which it owns 82.5%, in an initial public offering (IPO).
Abu Dhabi National Oil Company (ADNOC) and Spain’s Cepsa have signed a project development agreement for a new linear alkylbenzene (LAB) facility in Abu Dhabi’s Ruwais refining and petrochemicals complex.
Abu Dhabi National Oil Company (ADNOC) has granted part of its offshore concessions to Cia Espanola de Petroleos SA (CEPSA) for $1.5 billion.