joint venture (JV) | Egypt Oil & Gas
bp, ADNOC Announce Bid for Interest in NewMed Energy
bp and ADNOC made a non-binding offer to take NewMed Energy private through an acquisition of the free float and a partial acquisition of Delek’s stake, through this transaction bp and ADNOC will hold 50% of NewMed En...
TotalEnergies, Corio Sign Agreement to Develop Offshore Wind in Taiwan
TotalEnergies has signed a joint venture (JV) agreement with Corio Generation to develop the Formosa 3 offshore windfarm in Taiwan. According to the JV, Corio will maintain its status as the majority shareholder with ...
Chevron Granted Interest in Three Permits for CCS Projects Offshore Australia
Chevron Corporation is a partner in three joint ventures that have been given an interest in three greenhouse gas assessment licenses offshore Australia through its affiliate Chevron Australia Pty Ltd. The blocks, whi...
ADNOC, ADQ Launch JV TA’ZIZ
The Abu Dhabi National Oil Company (ADNOC) and ADQ, one of the region’s largest holding companies, have launched TA’ZIZ as the new name of the new joint venture (JV) established by both companies, according to a press...
Petro Disouq to Increase Natural Gas Supply to National Grid
Disouq Petroleum Company (Petro Disouq), the joint venture (JV) responsible for managing two natural gas fields, South Disouq and Ibn Younis at South Disouq concession, plans to increase natural gas supply to the nati...
ADNOC, OCI N.V. Agree on Establishing a New Fertilizer JV
The Abu Dhabi National Oil Company (ADNOC) and OCI N.V. have settled the transaction of combining ADNOC’s fertilizer into OCI’s Middle East and North Africa (MENA) nitrogen platform to create a new leading joint ventu...
SABIC, JSMC JV to Extend for 20 Years
Saudi Basic Industries Corporation (SABIC) has extended its joint venture (JV) with the Japan Saudi Arabia Methanol Company (JSMC) in Saudi Methanol Company (Arrazi) for 20 years, after receiving regulatory approvals,...
Saudi Aramco, Total Ink JV Agreement to Develop Saudi Retail Network
Saudi Aramco and Total inked a joint venture (JV) agreement to develop retail services in Saudi Arabia, Pipeline reported. The JV will be equally-operated by the two companies through an investment of around $1 billio...
