Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank

• Thursday, 19th December 2019
• by Editorial Team

Saudi Aramco has completed acquiring 17% stakes of South Korea’s Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion, according to Pipeline Oil and Gas News. The acquisition wa...

Dragon Oil Acquires BP’s Stake in GUPCO

• Monday, 21st October 2019
• by Editorial Team

Dragon Oil, the fully owned exploration and production (E&P) platform of Emirates National Oil Company (ENOC), announced that it has acquired the stake of BP at the Gulf of Suez Oil Company (GUPCO) after obtaining...

United to Finalize Rockhopper Egypt’s Acquisition by Q4/2019

• Tuesday, 8th October 2019
• by Editorial Team

Rockhopper Exploration plc, the oil and gas exploration and production firm, announced in a press release published on October 7, 2019 that the transaction of selling Rockhopper Egypt Pty Limited to United Oil & G...

Rosneft Acquisition of 30% of Zohr Finalized

• Monday, 9th October 2017
• by Sarah Samir

Rosneft has closed a $1.125 billion deal with Eni to acquire a 30% stake in the Zohr gas field, Egypt Oil & Gas reports. Rosneft also partially reimbursed Eni for past project costs. Eni retains a 60% stake in the...

Saudi Aramco Invests in Irish Wastewater

• Thursday, 22nd June 2017
• by Sarah Samir

Saudi Aramco took stake in Irish OxyMem, a University College Dublin (UCD) spin-out making waves in the wastewater management space, reported Silicon Republic. It was announced that Saudi Aramco Energy Ventures (SAEV)...