Cepsa | Egypt Oil & Gas
Sonatrach, Cepsa Award KBR Algerian Oilfield Redevelopment Contract
Algeria’s Sonatrach and Cepsa awarded KBR, a global provider of differentiated professional services, a contract to provide basic engineering design (BED) and front-end engineering design (FEED) for Rhoude el Krouf Fi...
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, Pipeline Oil and Gas Magazine reported. The deal is worth around billion and is expected to be clo...
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, ADNOC announced on December 18. The plant will produce 225,000 metri...
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, Bloomberg reported. “Recent international econom... 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), Reuters reported. Sources close to the matter estimated Cespa’...
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, Reuters repo...
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, Bloomberg has reported. The Spanish producer and refiner will now become AD...
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, Bloomberg reported. The tanker carri...
