Petrobras Sells Remaining Stake in Pipeline Company 

• Tuesday, 21st July 2020
• by Editorial Team

Brazil’s state-owned oil company Petrobras has agreed to sell its remaining 10% stake in natural gas pipeline company TAG, according to Reuters.  The 10% sale amounts to $187.5 million and will be sold to Engie Brazil...

Companies Make Initial Bids For ADNOC $15 B Stake

• Monday, 23rd March 2020
• by Editorial Team

BlackRock Inc, KKR & Co. and Italian infrastructure operator Snam S.p.A. are among others that have made bids to claim a stake of Abu Dhabi National Oil Company (ADNOC)’s natural gas pipeline which could be valued...

Egypt-Cyprus Gas Pipeline to Cost up to $1B

• Monday, 7th May 2018
• by Editorial Team

Egyptian Minister of Petroleum Tarek El Molla has said that the proposed pipeline between Cyprus’s Aphrodite gas field and Egypt’s liquefied natural gas facilities will cost between $800 million and $1 billion, accord...

Helios Investments Buys Stake in Oando Gas and Power

• Wednesday, 21st September 2016
• by Egypt Oil & Gas

Oil and gas group Oando has sold 49% of its midstream business subsidiary, Nigeria’s Oando Gas and Power (OGP), for $115.8m, to Helios Investment Partners LLP, a premier Africa-focused private investment firm, N...