Mergers and Acquisitions News in Oman

TotalEnergies Signs Agreements for Low Carbon Natural Gas Projects
12/21/2021 - TotalEnergies has signed with the Ministry of Energy and Minerals of the Sultanate of Oman a series of agreements for the sustainable development of the country’s natural gas resources. These agreemen...
Rex Increases Stake in Masirah Oil to 91.81% - Completion
12/16/2021 - The board of directors of Rex International Holding Limited (the “Company”) wishes to announce that the Acquisition was completed on 15 December 2021 (the “Completion”). Pursuant to the Completion, Re...
Rex International Increases in Masirah Oil Limited to 91.81%
11/22/2021 - The board of directors (the “Board”) of Rex International Holding Limited wishes to announce that its indirect wholly owned subsidiary, Rex Oman Ltd (“Rex Oman”) has on 22 November 2021, entered into ...
Shaleem Petroleum Company Acquires Weatherford International - Oman
11/20/2019 - Shaleem Petroleum Company today signed an agreement to acquire Weatherford International - Oman. This included the relocation of all business and equipment of the company and its staff of more than 3...
PTTEP Acquires Partex Holding
6/18/2019 - PTT Exploration and Production (PTTEP) has announced the acquisition of Partex Holding for approx. USD 622 million, enabling the company to be part of the consortium in the largest onshore producing a...
SAJ Investment Acquires HEMA Energy Group
6/10/2019 - SAJ Investment Company announced its acquisition of a controlling stake in HEMA Energy Group at a singing ceremony between the two parties. ...
KCA Deutag & Dalma to Form Enlarged Drilling and Engineering Group
3/5/2018 - KCA Deutag ('KCAD'), a leading global drilling and engineering contractor, has entered into an agreement with the shareholders of Dalma Energy to combine their respective businesses through the acquis...
Omani Cement Firms Form New Joint Venture
5/9/2017 - Two of Oman’s cement producers—Raysut Cement Company and Oman Cement Company—have formed a new cement firm. The new joint venture company, Alwasta Cement Company, proposes to set up a new cement proje...
NDT CCS Acquires Majority Stake in Omani Firm
3/12/2017 - Investcorp’s portfolio company, NDT Corrosion Control Services Co. (NDT CCS), announced the acquisition of a majority stake in Hi-Tech Inspection Services, Oman’s largest provider of industrial non-de...
Mergers and Acquisitions in Mena Region Touch $27b
10/30/2016 - As many as 55 mergers and acquisition deals, worth $26.6 billion, have been reported in the Middle East region so far this year, according to Mergermarket, a global provider of M&A intelligence. ...
Oman Oil in Talks with Oxy to Buy Stake in Local Assets
10/21/2014 - Oman Oil Co. is in talks with Occidental Petroleum Corp to buy a minority stake in its assets in the Gulf Arab sultanate, the Omani firm's chief executive said. ...
Oman Oil, IPIC to Ink Pact for Duqm Refinery Development
7/11/2012 - The wholly government owned investment entity Oman Oil Company (OOC) will shortly sign an agreement with Abu Dhabi’s International Petroleum Investment Company (IPIC) formalising their partnership in ...
New Petrochemicals Complex in Duqm
New Petrochemicals Complex in Duqm 6/26/2012 - Oman Oil Company (OOC) and International Petroleum Investment Company (IPIC), owned by the Government of Abu Dhabi, announced the formation of a joint venture company to own and manage the development...
Oman Oil, IPIC to Ink Pact for Duqm Refinery Development
6/23/2012 - The wholly government owned investment entity Oman Oil Company (OOC) will shortly sign an agreement with Abu Dhabi’s International Petroleum Investment Company (IPIC) formalising their partnership in ...
Oman LNG, Qalhat LNG in Merger Talks
4/8/2012 - Oman LNG and Qalhat LNG, which together own the three liquefied natural gas trains at Qalhat near Sur, are discussing a possible merger, the Middle East Economic Survey (MEES) reported. ...
Oman Oil Company to Acquire Stake in REN
2/24/2012 - Oman Oil Company SAOC (OOC) announced that it acquired a 15% stake in the Portuguese high-voltage transmission grid operator and natural gas transportation company- Redes Energéticas Nacionais, SGPS, ...
Renaissance Acquired Al Wasita Emirates Company
12/20/2010 - Renaissance Services has announced that the company has acquired 100% of Al Wasita Emirates for Services & Catering LLC, an industrial services and catering business based in Abu Dhabi, in its latest ...

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