Sale | Egypt Oil & Gas - Part 2

Petrobras to Sell RLAM Refinery to UEA’s Mubadala for $1.65 B

Petrobras comoany announced that it will sell its Landulpho Alves Refinery (RLAM), to the UAE’s Mubadala capital Company as it presented the best offer in an amount of $1.65 billion,

Petrobras to Sell Remaining Stake in BR Distribuidora for BRL 26 Per Share

The Brazilian State- controlled Oil Producer Petrobras agreed to sell it remaining shares in BR Distribuidora if its stock recovers to BRL 26 per share.

OQ to Divest BORL Shares

OQ company is ongoing discussions with its partner Bharat Petroleum Corporation Limited (BPCL) on the potential of selling its shares in in Bharat Oman Refineries Limited (BORL).

Edison to Sell E&P Division

Italy’s Edison Company plans to sell its $2 billion exploration and production (E&P) division to focus on its retail operations.

Nipco Launches $16m Offer for Mobil Oil Shares

Nipco Plc has launched a $16m offer for the shares it needs to increase its stakes in Mobil Oil to 70% to comply with Nigerian takeover rules.

Shell Finalizes Vivo Energy Sale

Shell finalized the selling of its 20% shareholding in Vivo Energy Holding B.V. for a total amount of $250m. The selling comes in line with Shell's plan to focus on downstream activity in areas where it can be most c ...

Shell to Sell Out Gabon’s Oil Assets to Carlyle Group

Royal Dutch Shell Plc has agreed to sell its onshore oil assets in Gabon to a unit of Carlyle Group LP for $587m. The deal is considered a further step in a $30b asset disposal program to help the Dutch company in re ...

Qatar Petroleum Planning Al Shaheed Unit Sale

Qatar Petroleum has chosen HSBC to advise it on the sale of its Al Shaheen Holding subsidiary, three sources with knowledge of the matter said on Thursday, as it seeks to cut costs in response to lower oil prices.

Dow Chemical’s ME Global to be Sold to Equate for $3.2b

Kuwait's Boubyan Petrochemical Co.’s affiliate Equate had signed a $3.2 b deal to buy ME Global from Dow Chemical and a subsidiary of state-run Kuwait Petroleum Corp.

Omani Electricity Sale Going as Planned to Local and Foreign Buyers

Oman’s Electricity Holding Company (SAOC), a member of Nama group, recently completed the sale of the Dhofar Generating Company in Salalah with the shares transfer in the Muscat Securities Market.

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