merger | Egypt Oil & Gas
Elemental Royalties, Altus Strategies Reach Merger Agreement
Elemental Royalties Corporation and Altus Strategies plc, both of which work in gold mining, announced reaching an agreement to share a merger of equals. The two companies will form the new Elemental Altus Group. Acco...
Baker Hughes, MHWirth Complete Subsea Drilling Systems Merger
Baker Hughes has completed its Subsea Drilling Systems business (SDS) merger with Akastor ASA’s subsidiary MHWirth AS (MHWirth), forming a global offshore drilling equipment company called HMH, a press release issued ...
Eni, Partners Merge Meleiha, Meleiha Deep Concessions
Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Lukoil to merge the Meleiha and Meleiha Deep concessions into a new concession called Merged Meliha in the Western Desert, accordi...
Saudi Firms to Create $11 B Petrochemicals Business
Saudi Industrial Investment Group and National Petrochemical Company have initiated talks to merge the two companies, resulting in an $11 billion petrochemical enterprise, according to Bloomberg. The companies said t...
Wintershall Dea Celebrates Merger’s First Anniversary
Wintershall Dea celebrated its first anniversary of the merger between Wintershall Holding company and Dea Company with the aim of becoming Europe’s leading independent natural gas and oil company, according to a pres...
Qatar Petroleum Announces Integration of SEEF
State run Qatar petroleum (QP) has announced the successful integration of the petrochemical company SEEF Limited (SEEF), with their operations consolidated ahead of the original deadline set at the end of Q2 in 2020,...
Wintershall Dea Holds Gala Dinner to Celebrate Merger
Under the patronage of H.E Eng. Tarek El Molla, and the Embassy of the Federal Republic of Germany, Wintershall Dea has held a Gala Dinner event at Salah Eldin Citadel on July 21, among a group of high-level attendees...
Wintershall DEA: New Leading Oil, Gas European Champion
Wintershall Holding GmbH (Wintershall) and DEA Deutsche Erdoel AG (DEA) have completed their merger. Wintershall DEA is now the leading independent oil and gas company in Europe, Egypt Oil & Gas reports. “We are a...
