Sale | Egypt Oil & Gas - Part 2
Eni, Snam Form Gas Pipeline Partnership
Eni announced that it has signed an agreement to sell Snam a 49.9% stake in the companies that operate the two natural gas pipelines connecting Algeria to Italy, TTPC and TMPC According to the agreement, Eni will cont...
Brazil’s CADE Approves Sale of RLAM Refinery to Mubadala
The Brazilian Administrative Council for Economic Defense (CADE) has approved the sale of RLAM refinery to Mubadala Capital, Petrobras declared in a statement. According to the statement, the transaction is still subj...
Talos, Enauta Consortium to Bid for Petrobras Albacora Fields
A consortium of Talos Energy Inc, private equity firm EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA has presented non-binding offer for buying the two Brazilian oilfields of Albaco...
Petrobras to Sell RLAM Refinery to UEA’s Mubadala for $1.65 B
Petrobras announced that it will sell its Landulpho Alves Refinery (RLAM) to the United Arab Emirates (UAE)’s Mubadala Capital Company as it presented the best offer in an amount of $1.65 billion, according to a press... 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, three informed people told Reuters. The company agreed to sell i...
OQ to Divest BORL Shares
OQ, Oman’s global integrated energy company, entered into discussion with its partner Bharat Petroleum Corporation Limited (BPCL) on the potential selling of its shares in in Bharat Oman Refineries Limited (BORL), acc...
Edison to Sell E&P Division
Italy’s Edison Company plans to sell its $2-3 billion exploration and production (E&P) division to focus on its retail operations, four oil and gas sources told Reuters. The move will see the company, which is 99....
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, Reuters stated. Nipco’s investment subsidiary bought 60% of Mobil Oi...
