deal | Egypt Oil & Gas - Part 2
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...
Capricorn’s Egypt Onshore Gas Fields to Have Second Biggest Production, Reserves Share in Merger with Tullow Oil
Capricorn Energy finalized an agreement with Tullow Oil to merge in an all-stock deal worth $826.7 million, in which its Egyptian onshore gas fields will have the second biggest share in production, according to Reute...
Aramco Closes Deal on Natural Gas Pipeline with Investors
Saudi Arabian Oil Company (Aramco) has announced that it successfully closed a lease and leaseback deal signed with an international investor consortium, led by affiliates of BlackRock and Hassana, Aramco said in a st...
Mubadala May Join Aramco Oil Pipeline Deal of $12 B
UAE’s Mubadala Investment Company announced that talks are ongoing with the US investor EIG Global Energy Partners LLC, who recently announced a deal with Aramco estimated at $12.4 billion, Bloomberg reported qu...
Six Arab Countries Reassert Compliance to OPEC+ Deal
The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain re-affirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up rebalance of oil markets, according to ...
OGS, Pearson, IARS Sign Contract for People Development
Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, and British Ambassador to Egypt, John Casson, witnessed the signing of an agreement between Oil and Gas Skills (OGS) Company, the British Pearson F...
OPEC Might Adjust Oil Cut Deal
OPEC delegates were encouraged by Russia to change the OPEC-led deal to cut oil supplies, opening the door to clear the global supply glut. The delegates stated that their discussions did not focus on taking further s...
Iran to Sign a long-Delayed Deal with Total
Iranian Oil Minister, Bijan Zanganeh, said that Iran expects to sign a long-delayed gas deal with French oil major Total in the next few weeks, reported Reuters. “Iran and Total are summing up the discussions on...
