Category: Oil and Gas
The total enterprise value of the company has reached $12 billion after the deal. The U.S. buyout company Carlyle Group LP has reportedly agreed to purchase up to 40% stake in Spanish oil and gas firm Cepsa. The equity firm will buy Cepsa from Mubadala Investment …
Exxon declared that it is planning to enhance its capital spending to $30 billion in 2019 up from $26 billion in 2018. Exxon Mobil, the Irving headquartered American multinational oil and gas corporation recently discussed the sale of its Nigerian oil and gas fields. According …
At the closing of the SABIC deal, Saudi Aramco would pay 50% of the acquisition price, while the remaining payment would be done over a two-year period According to a presentation given by Saudi Aramco to bond investors, the state owned petroleum and natural gas …
The deal has been finalized after months of talks between PIF and Aramco, which caused a delay of Aramco’s planned multi-billion-dollar IPO Saudi Aramco has reportedly announced it will buy a 70% stake in Saudi Basic Industries Corp (SABIC), currently held by Public Investment Fund …
ADNOC and OMV will evaluate new opportunities in petrochemical projects, and exchange experience and knowledge ADNOC and Borealis will jointly explore potential growth opportunities in integrated polyolefin industry Abu Dhabi National Oil Company (ADNOC) has reportedly inked one Memorandum of Understanding (MoU) with Borealis, as …
The company will enter into long-term time charters with particular ship owners rather than purchasing its own vessels. U.S. exploration & production company, Anadarko Petroleum Corp. has recently announced that it intends to seek long-term charters for about 16 LNG (liquefied natural gas) tankers which …
Novatek is expecting a good cooperation under favorable terms for considering sale of up to 30 percent in Arctic LNG 2 project It has already closed a deal for selling a 10 percent stake in the project to Total Russia’s second largest natural gas producer, …
The acquisition would allow Waste Management to foray further into the oil & gas industry. The financial details pertaining to the acquisition of the oilfield landfill operator have not been disclosed. Waste Management Energy Services Holdings, LLC, (WM Energy Services), a subsidiary of Texas-based waste …
