Sunday, 7th April 2019
The company agreed with Merlon on the acquisition in exchange of around $136 million in cash, as well as issuing 65,561,041 new ordinary shares of SOCO to Merlon International.
Tuesday, 25th September 2018
SOCO International has agreed to buy Merlon Petroleum El Fayum Company for around $215 million.
Tuesday, 9th January 2018
SOCO International announced a possible merger transaction with Kuwait Energy as the company confirms that it is studying a potential merger of equals with Kuwait Energy. The transaction comes in context of SOCO’s objective to reshape its business strategically and to grow its portfolio.
Monday, 16th January 2012Soco International has told investors it is examining acquisition opportunities in south east Asia, West Africa and Egypt worth in excess of $100 million, suggesting it is targeting more ambitious projects than in the past.