mergers and acquisitions | Egypt Oil & Gas

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.

Egypt M&A Value Soars to $1.5B in 2018: Mergermarket

Egypt's mergers and acquisitions (M&A) value increased by 285.6%, reaching $1.5 billion in 2018 with a total of 14 deals, compared to $389 million in 2017 that had only 10 deals.

India to Evaluate Gigantic Merger of 13 Oil Companies

India’s government has begun the process of evaluating the prospects of an ambitious plan that aims to merge 13 state oil firms to create a giant corporation that is expected to have a bigger market value than Russia ...

Siemens-Gamesa Sign Merging Wind Power Agreement

Spain’s Gamesa and Germany's Siemens, the world’s fourth and fifth top wind turbine suppliers respectively, have signed a binding agreement to merge their wind business together to form a leading global wind power pl ...

Apache Narrowly Escapes Takeover Bid

Oil and gas company Apache Corp has rejected a takeover approach from an unidentified party.

ENOC’s M&A Strategy After Fuel Price Reforms

Dubai's Emirates National Oil Co (ENOC) plans to expand in the region after the United Arab Emirates deregulated fuel prices, lifting financial pressure on the company,

$9.1 Mn for Saudi Arabia’s Turkish Energy Acquisition

Saudi Arabia’s energy firm Acwa Power has acquired Turkish energy firm Ventis Enerji for TL25.3 million ($9.1 million), a report said.

ENOC Share Purchasing of Dragon Oil Continues Unabated

Emirates National Oil Company (ENOC) is progressing with its 1.7 billion pound purchase of Dragon Oil shares it does not already own, despite a major investor saying the takeover undervalued the company.

Gulf Petrochem Acquires, Renames Kenyan Downstream Company

Gulf Petrochem group has announced the official acquisition and name change of Essar Petroleum East Africa Ltd to Aspam Energy (Kenya) Ltd

ENOC Still Trying to Buy Out Dragon Oil Minority Shares

Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (ENOC) "materially undervalued" the company.

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