EFG Hermes Completes Sale of H&P Stake in Adnoc Drilling

Source: www.gulfoilandgas.com 10/14/2024, Location: Middle East

EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA) announced today that its investment banking division has successfully completed an accelerated book build (ABB) on behalf of Helmerich & Payne, Inc. (H&P). This transaction involved the full divestment of H&P’s stake in ADNOC Drilling, valued at approximately USD 197 million.

Spain >>  1/22/2025 - Duferco Group, an international holding company that develops diversified businesses in the energy, steel and shipping industry expands its presence i...
United States >>  1/22/2025 - Sonic Group, a leading provider of professional tools and equipment solutions based in the Netherlands, today announced the acquisition of Auburn, Ala...
United States >>  1/22/2025 - Motive Energy, a leading provider of advanced power and energy solutions, has acquired Deep Cycle Battery San Diego, a trusted supplier of automotive,...
Japan >>  1/21/2025 - Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that on January 20, 2025, after obtaining approval from the releva...
Sweden >>  1/21/2025 - In mid-January 2025, PNE AG sold its two Swedish subsidiaries PNE Sverige AB and VKS Vindkraft Sverige AB to the Norwegian energy supply company Aneo....
Trinidad and Tobago >>  1/21/2025 - Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with near-term hydrocarbon operations and production focussed on Morocco a...



More News

Oil & Gas Companies in United Arab Emirates >>

Related Links

Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.