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.

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.

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 in the Western Desert.

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.

Wintershall Dea Celebrates Merger’s First Anniversary

Wintershall Dea company celebrated its first anniversary after the merger between Wintershall Holding company and Dea Company in the aim of becoming Europe’s leading independent natural gas and oil company.

Qatar Petroleum Announces Integration of SEEF

State run Qatar petroleum (QP) has announced the successful integration of Petrochemical company SEEF Limited (SEEF).

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 atten ...

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 gas and oil company in Europe.

DEA Announces the Creation of Wintershall DEA

BASF and LetterOne have signed a business combination agreement merging their oil and gas businesses to create Wintershall DEA.

Halliburton, Baker Hughes $28b Merger Deal Fails

Oilfield services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28b merger deal after opposition from US and European antitrust regulators.

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