Gulf Oil and Gas accountACCOUNT

Mergers and Acquisitions News in United Arab Emirates

ADNOC Acquires Stake in VTTI
8/7/2019 - The Abu Dhabi National Oil Company (ADNOC) today announced a strategic investment in global storage terminal owner and operator VTTI BV (VTTI). As part of this agreement, ADNOC will acquire a 10% equi...
OMV & ADNOC Close Landmark Strategic Partnership Agreements
OMV & ADNOC Close Landmark Strategic Partnership Agreements 7/31/2019 - OMV, the international integrated oil and gas company based in Vienna, and ADNOC, the Abu Dhabi National Oil Company, closed the strategic equity partnerships covering both the existing ADNOC Refining...
Eni, ADNOC Close Landmark Strategic Partnership Agreements in Refining and Trading
7/31/2019 - Eni and ADNOC, Abu Dhabi’s National Oil Company, said today they closed their strategic partnership, announced in January, through which Eni acquired a 20 percent equity interest in ADNOC refining. Th...
DP World Acquires 100% of Topaz Energy for $1 billion
DP World Acquires 100% of Topaz Energy for $1 billion 7/1/2019 - DP World PLC announces the acquisition of 100 per cent of Topaz Energy and Marine Limited (“Topaz”) from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for an enterpri...
Shuaa-ADFG Merger to Create Entity with $12.8bn Assets Under Management
6/26/2019 - Dubai investment bank Shuaa Capital agreed to merge with its largest shareholder, Abu Dhabi Financial Group (ADFG), in a deal that would create a listed entity with Dh47 billion assets under managemen...
ADNOC & OCI to Form Joint Venture, Creating New Global Nitrogen Fertilizer Leader
6/17/2019 - The Abu Dhabi National Oil Company (ADNOC) announced a new strategic partnership with OCI N.V. (OCI). OCI is a global producer and distributor of natural gas-based fertilizers and industrial chemicals...
Twelve Seas Signs $1B Agreement to Acquire Brooge Petroleum
4/15/2019 - Twelve Seas Investment Company (Twelve Seas) (TWLV), a company formed for the purpose of entering into a business combination, and a United Arab Emirates (UAE) company in the oil storage and services ...
Carlyle Group to Acquire a Shareholding in CEPSA from Mubadala
4/8/2019 - Mubadala Investment Company, the Abu Dhabi-based strategic investment company, and global investment firm The Carlyle Group (CG) have announced today that funds affiliated with Carlyle will acquire a ...
Rockwell & Schlumberger Enter Joint Venture Agreement to Create Sensia
2/19/2019 - Rockwell Automation, the world’s largest company dedicated to industrial automation and information, and Schlumberger, the world's leading provider of technology for reservoir characterization, drilli...
Abu Dhabi State Investor Weighs Sale of Spain's Cepsa
3/16/2018 - Abu Dhabi state investor Mubadala Investment Company is considering a partial or total sale of Spanish oil and gas company Cepsa and would use proceeds for expansion, a Mubadala spokesman told Reuters...
FieldPoint Petroleum Announces Sale of Assets in Oklahoma
10/11/2017 - FieldPoint Petroleum Corporation (FPP) announced that it has completed the sale it's 25.23% working interest in a waterflood project consisting of 23 producing and 9 injection wells in the Apache fiel...
Abu Dhabi Fund Takes 5 percent Stake in Dana Gas
6/19/2017 - Goldilocks Investment Co, an open-ended equity fund which is part of Abu Dhabi Financial Group, said it had bought 5 percent of Abu Dhabi-listed gas producer Dana Gas. ...
Bee'ah, Masdar Ink JV Deal for First UAE Waste-to-Energy Plant
5/25/2017 - Bee’ah, the country’s leading environmental management company, and Masdar, Abu Dhabi’s renewable energy company, have formally established the joint venture Emirates Waste to Energy Company (EWEC) to...
BP & DuPont JV, Butamax® Takes Next Step in Commercialization of Bio-isobutanol
4/3/2017 - Butamax Advanced Biofuels LLC, a 50/50 joint venture between BP and DuPont, combining expertise in fuels with industrial biotechnology, today announced the acquisition of Nesika Energy, LLC and its st...
Dar Group Acquires WorleyParsons Stake
2/27/2017 - Dar Group has acquired a total exposure of 13.35% in the issued shares of WorleyParsons Limited, comprised of physical shares of 8.61% and a cash settled equity swap exposure of 4.74%. ...
ADNOC to Create World Class Shipping, Marine and Services Company
10/18/2016 - ADNOC intends to consolidate the operations of three of its shipping, marine and services companies to create a single world-class entity. The Abu Dhabi National Tanker Company, ADNATCO, Petroleum Ser...
UAE's ADNOC to Consolidate Two Key Offshore Oil Firms
10/4/2016 - Abu Dhabi National Oil Co (ADNOC) said it planned to consolidate the operations of two of its offshore oil companies into a new entity, as part of a bigger restructuring of the OPEC member's main ener...
Mubadala CEO Signals Oil Deals as IPIC Megamerger Advances
9/6/2016 - Mubadala Development Co., the Abu Dhabi sovereign fund merging with International Petroleum Investment Co., said potential energy deals are more attractive after the slump in oil prices drove down ass...
Hapag-Lloyd and UASC Sign Business Combination Agreement
7/18/2016 - Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to the necessary regulatory and contract...
Abu Dhabi Government Orders Merging of Mubadala and IPIC
6/29/2016 - The Abu Dhabi government has ordered the merging of state investment funds Mubadala Development Company and International Petroleum Investment Company, according to a statement carried by the state ne...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.