liquidation | Egypt Oil & Gas

Saudi Aramco Shuts its Subsidiary in Azerbaijan

Saudi Aramco has announced the liquidation of its subsidiary in Azerbaijan, Aramco Overseas Company Azerbaijan, according to NeftegazRU.

Foreign Group Gave $3b to Embattled Samir Refinery

The court-appointed manager of Morocco's only oil refiner, Samir, has received a $3b offer for the business from a foreign conglomerate.

Moroccan Refinery Samir to Delay Restarting Production

Moroccan court has given Samir's refinery another six months to restart production, after it had been previously announced it would resume production in mid-June.

Owner of Moroccan Refiner Samir Pledges to Inject $680m

Mohammed al-Amoudi, Corral Petroleum Holdings owner, is committed to injecting $680m into its Moroccan refiner Samir to try to reverse a decision placing it in liquidation

Morocco Refiner Samir Appeals Court Decision on Liquidation

Morocco's oil refiner Samir has lodged an appeal against a recent court decision that placed it into liquidation and named an independent trustee to run the company, the refiner's lawyer said.

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