Mergers and Acquisitions News in United Arab Emirates
| 11/21/2013 - Scotland’s Doosan Babcock is opening up new opportunities in the lucrative Middle Eastern oil, gas and petrochemicals market, having formed a joint venture company with Emirates Link Technology. The n... |
| 9/24/2013 - Arabtec ARTC.DU, the construction firm part-owned by Abu Dhabi state fund Aabar, said it launched a joint venture with South Korea's Samsung Engineering Co, that would focus on large energy and power-... |
| 9/11/2013 - Fugro has reached agreement to acquire DCN Global LLC (DCN Global), a company specialising in the provision of subsea engineering and diving services to the offshore civil and oil & gas industry, prim... |
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7/18/2013 - Petrofac announces that it has entered into agreements which will increase its economic interest in Petrofac Emirates, its Abu Dhabi based joint venture with Mubadala Petroleum, to 75%. This follows ... |
| 7/15/2013 - Interserve , the international support services and construction group, is pleased to announce it has entered into an agreement to acquire Topaz Oil and Gas Ltd (Topaz) and its subsidiaries which prov... |
| 7/2/2013 - International energy consultancy Xodus Group has acquired the business of Dubai based Prime Energy as part of a major expansion drive in the Eastern Hemisphere. ... |
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4/30/2013 - Abu Dhabi National Oil Co (ADNOC) has awarded Shell a contract exceeding $10bn to develop the Bab sour gas project. ADNOC holds 60% interest in the joint venture and Shell holds the remaining 40%. ... |
| 4/22/2013 - The United Arab Emirates (UAE) will award a multi-billion dollar contract to develop the Bab sour gas field in a few weeks and Royal Dutch Shell is in a strong position, the director of Abu Dhabi Nati... |
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4/17/2013 - Arabtec Holding, a leading construction company in MENA, and Samsung Engineering Co., (Samsung Engineering) , Korea’s first and largest engineering company, announce the signing of a Memorandum of Und... |
| 3/26/2013 - Chiyoda Corporation (Chiyoda) and Consolidated Contractors Company (CCC), announce that they established a joint venture company in Singapore. The name of the company is Chiyoda-CCC Engineering (PTE.)... |
| 2/13/2013 - Gulf Capital, one of the leading and most active private equity firms in the Middle East, announced that it has invested in a significant majority stake of OCB Oilfield Services FZCO(OCB), the leading... |
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6/21/2012 - Wintershall as operator will appraise the sour gas and condensate field in Shuwaihat with equal partner OMV / Shuwaihat would be an important development of a gas and condensate field in the Western r... |
| 5/21/2012 - Aker Solutions has agreed to acquire NPS Energy, which is part of oilfield services company National Petroleum Services. NPS Energy has a strong presence in the Middle East and North Africa, which com... |
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1/10/2012 - RAK Petroleum Public Company Limited announced that it has completed the merger of its Middle East-North Africa operating subsidiaries into Norway’s DNO International ASA. ... |
| 12/12/2011 - DNO International ASA has been notified that Petrolia Invest AS and Erik J. Frydenbo have filed a request for an injunction with the Oslo District Court seeking to block the completion of the merger w... |
| 10/31/2011 - RAK Petroleum Public Company Limited, the oil and gas exploration and production company, announced that it reached agreement with representatives of a Norwegian group known as the ”DNO Initiative” to... |
| 9/5/2011 - Following completion of due diligence and agreement on relative valuations, the Boards of Directors of DNO International ASA and RAK Petroleum PCL signed definitive documents on 3 September 2011 to me... |
| 7/4/2011 - RAK Petroleum Public Company Limited, (RAK Petroleum), the oil and gas exploration and production company, and Norway’s DNO International ASA (DNO) and have signed a heads of agreement to merge RAK Pe... |
| 6/6/2011 - Statoil ASA has decided to divest a 24.1% direct and indirect stake in Gassled joint venture (JV) for a consideration of NOK 17.35 billion. Following this transaction, Statoil will continue to own 5.0... |
| 2/16/2011 - Total and IPIC have signed an agreement whereby Total will sell its 48.83% share in the capital of CEPSA. This sale will take place pursuant to a public takeover bid over the entire share capital of C... |
