Cepsa | Egypt Oil & Gas

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.

Sonatrach, Cepsa Award KBR Algerian Oilfield Redevelopment Contract

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.

Mubadala Sells Cepsa’s Stakes to Carlyle

Abu Dhabi’s Mubadala has agreed to sell a 30-40% stake in Cepsa to the US-based global investment firm, Carlyle Group.

ADNOC, Cepsa to Develop Linear Alkylbenzene Plant in Ruwais Derivatives Park

The Abu Dhabi National Oil Company (ADNOC) and its partner Cepsa plan to develop the Linear Alkylbenzene (LAB) plant in the Ruwais Derivatives Park.

Mubadala Shelves Cespa IPO Plans

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.

Mubadala to List 25% Cepsa Stake

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).

ADNOC, Cepsa Agree Deal for Ruwais LAB Facility

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.

ADNOC Grants Part of Offshore Concessions to CEPSA

Abu Dhabi National Oil Company (ADNOC) has granted part of its offshore concessions to Cia Espanola de Petroleos SA (CEPSA) for $1.5 billion.

Iranian Crude Cargo Reaches Europe

The Monte Toledo oil tanker became the first to have delivered Iranian crude into Europe since mid-2012, after the economic sanctions on Tehran were lifted earlier in January 2016. The tanker carried a haul of 1m bar ...

TransGlobe to appraise Western Desert find

TransGlobe Energy Corp., Calgary, plans to appraise the Boraq oil and gas discovery and further explore the 558,120-acre South Alamein concession in Egypt's Western Desert after it receives regulatory approval to clo ...

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