Transaction | Egypt Oil & Gas

SEIC Acquires Stakes in Four Egyptian Companies Worth $1.3B

The Saudi Egyptian Investment Company (SEIC) which is owned by Saudi Arabia's state-owned Public Investment Fund (PIF), declared its acquisition of minority stakes in four Egyptian companies worth $1.3 billion, am ...

VAALCO to Acquire All Outstanding Common Shares of TransGlobe

TransGlobe and VAALCO announced that they have entered into a definitive arrangement agreement pursuant to which VAALCO will acquire all of the outstanding common shares of TransGlobe in a stock-for-stock strategi ...

Shell Signs PSC to Acquire 25% of Atapu Field

Shell Brasil Petróleo Ltda.(Shell Brasil), a subsidiary of Shell plc, has signed the Production Sharing Contract (PSC) with Petrobras to acquire 25 % stake of the Atapu field.

Santos, Oil Search Reach Deal on Merger Ratio

Santos and Oil Search companies have reached to an agreement on the merger ratio mentioned in the Revised Merger Proposal.

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.

BPCL to Acquire OQ Stake in Indian Refinery

Bharat Petroleum Corporation Limited (BPCL) announced in a statement to the stock exchange, that it will acquire OQ’s shares in the Bina refinery project for RO 120 million.

Premier Oil’s Shareholders Approve Merger with Chrysaor

Premier Oil company announced that its shareholders has approved the merging transaction with Chrysaor and the reorganization of Premier’s existing debts and cross currency swaps during the company’s general meeti ...

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