Stakes Acquisition

  • Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank

    Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank

    Thursday, 19th December 2019

    Saudi Aramco has completed acquiring 17% stakes of South Korea's Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion.

  • Dragon Oil Acquires BP’s Stake in GUPCO

    Dragon Oil Acquires BP’s Stake in GUPCO

    Monday, 21st October 2019

    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 the approval from the Egyptian Ministry of Petroleum and Mineral Resources.

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

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

    Tuesday, 8th October 2019

    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 its unit, Rockhopper Egypt Pty Limited, to United Oil & Gas plc (United) is still on track and to be completed by the end of the fourth quarter of 2019.

  • Rosneft Acquisition of 30% of Zohr Finalized

    Rosneft Acquisition of 30% of Zohr Finalized

    Monday, 9th October 2017

    Rosneft has closed a $1.125 billion deal with Eni to acquire a 30% stake in the Zohr gas field.

  • Saudi Aramco Invests in Irish Wastewater

    Saudi Aramco Invests in Irish Wastewater

    Thursday, 22nd June 2017
    Saudi Aramco took stake in Irish OxyMem’s wastewater management system.