stakes

  • Qalaa Holding to Increase Stakes in ERC

    Qalaa Holding to Increase Stakes in ERC

    Monday, 14th May 2018

    Qalaa Holding Company has announced plans to boost its indirect ownership of the Egyptian Refining Company (ERC).

  • BP to Sell Stakes in GUPCO

    BP to Sell Stakes in GUPCO

    Sunday, 18th March 2018

    BP intends to sell its stakes in the Gulf of Suez Oil Company (GUPCO), banking sources have said.

  • ADNOC Grants Eni Stakes in UAE Offshore Fields

    ADNOC Grants Eni Stakes in UAE Offshore Fields

    Wednesday, 14th March 2018

    The Abu Dhabi National Oil Company has granted Eni two stakes in the UAE’s offshore concession areas in a $875 million, 40-year deal.

  • Egypt to Raise up to $150m from the IPO of Enppi

    Egypt to Raise up to $150m from the IPO of Enppi

    Sunday, 18th June 2017
    Egypt expects to raise up to $150m from IPO of Enppi as the government pushes ahead with a plan to sell stakes in state-controlled companies.
  • Chevron to Sell All Gas Stakes in Myanmar

    Chevron to Sell All Gas Stakes in Myanmar

    Tuesday, 19th April 2016
    Chevron has put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3, would be the biggest deal involving Myanmar assets to date, financial sources familiar with the matter
  • Eni Plans $14b in Cost Cuts, Asset Sales

    Eni Plans $14b in Cost Cuts, Asset Sales

    Sunday, 20th March 2016
    Eni plans to cut investments and sell down stakes to help it prop up dividends. Company's CEO said the disposals will be mainly through the dilution of stakes in recent discoveries, picking out gas fields in Mozambique and Egypt as prime candidates.