Acquisitions and Divestitures News in United Arab Emirates

Strategic Acquisition in Europe & ME
10/26/2011 - Specialist Services announces the acquisition of Labtech Services Limited (Labtech) based in Aberdeen in the United Kingdom, and O.I.L. Engineering Middle East LLC (O.I.L) based in Abu Dhabi in the Un...
WesternZagros & TAQA Secure a Strategic Investment
10/17/2011 - WesternZagros Resources Ltd. is pleased to announce a strategic investment agreement with the Abu Dhabi National Energy Company PJSC (TAQA). Under the Agreement, TAQA will purchase, through a private ...
Total Sells its 48.83% Interest in Spain’s CEPSA
8/2/2011 - In line with the agreement signed by Total and IPIC on February 15, 2011, Total has tendered its entire 48.83% interest in CEPSA following IPIC’s takeover bid for the company, at a price of €28 per sh...
IPIC's Assets Grew 15 Pct in 2010
5/30/2011 - Abu Dhabi's International Petroleum Investment Co (IPIC), which owns stakes in energy majors OMV and Cepsa, saw its assets rise 15 percent in 2010, the government fund said in a statement. ...
Adnoc to Select Shah Gas Project Partner by March
1/10/2011 - Abu Dhabi National Oil Co. will select Exxon Mobil Corp., Occidental Petroleum Corp. or Royal Dutch Shell Plc this quarter to help develop the $10 billion Shah natural-gas project, a company official ...
Adnoc Seeks Partners to Develop Shah Gas Project
11/2/2010 - Abu Dhabi National Oil Company (ADNOC) is holding talks with one or more partners to develop the $10 billion Shah gas project after U.S. major ConocoPhillips withdrew, the head of an ADNOC unit said. ...
Sharjah’s Crescent Inks Farm-Out Deal with Rosneft
6/6/2010 - A partnership between Sharjah-based Crescent Petroleum and Russia's Rosneft Oil Company commenced drilling Saturday on the first of four possible wells for natural gas in the Sharjah Onshore Concessio...
Conocophillips Terminating Agreement for Shah Gas
4/28/2010 - ConocoPhillips has decided to end its participation in developing the Shah Gas Field with Abu Dhabi National Oil Company (ADNOC). ConocoPhillips had considered holding a 40 percent ownership stake in ...
Vitol to Divest VHFL Stake, Strengthen Focus on Fujairah Refinery
2/11/2009 - Vitol Group (Vitol) announced that it has divested its 10% stake in Vopak Horizon Fujairah Limited (VHFL), a 1.5 million cubic meter oil storage facility in Fujairah, United Arab Emirates. ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.