Acquisitions and Divestitures News in United Arab Emirates
| 6/30/2022 - Tristar Group, an energy logistics company, has purchased the Shell oil products storage facility terminal in Dubai's Jebel Ali Free Zone (JAFZA), according to a statement from Shell Markets (Middle E... |
| 6/2/2022 - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC) and the region’s largest shipping and logistics company, announced today i... |
| 5/30/2022 - Sapura Energy Berhad, wishes to announce that its wholly-owned subsidiary Sapura 3000 Private Limited (“Sapura 3000 Pte. Ltd.”) has entered into a Memorandum of Agreement (“MOA”) with Safeen Feeder Co... |
| 4/12/2022 - Air Liquide has announced the sale of its Industrial Merchant business in the United Arab Emirates and Bahrain to Air Products Group. This transaction includes Air Liquide Emirates for Industrial Gase... |
| 12/3/2021 - PTTEP is looking to further expand investment in the Sharjah Emirate of the United Arab Emirates (UAE) by acquiring 25% participating interest in the Concession Area C onshore the Emirate of Sharjah, ... |
| 8/31/2021 - The Abu Dhabi National Oil Company (ADNOC) announced, the signing of a historic exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 5 to a consortium of fo... |
| 6/15/2021 - Leading controls technology company Proserv Controls has announced the acquisition of the trade and assets of Dron & Dickson Electromechanical Contracting (DDEC) LLC, the Middle Eastern business of Dr... |
| 4/19/2021 - Eni, through its subsidiary Eni RAK, has been awarded Block 7 located in the onshore of Ras Al Khaimah, United Arab Emirates. The Exploration and Production Sharing Agreement was signed between the Ch... |
| 4/13/2021 - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), has announced the acquisition of two additional Very Large Crude Carriers (VL... |
| 3/1/2021 - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), has announced the acquisition of all of the UAE-based assets of Speedy Hire P... |
| 2/10/2021 - The Abu Dhabi National Oil Company (ADNOC) has announced, the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 4 to Cosmo E&P Albahriya Li... |
| 12/21/2020 - The Abu Dhabi National Oil Company (ADNOC) announced the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 3 to a consortium led by Eni Abu... |
| 12/9/2020 - Abu Dhabi National Oil Company (ADNOC) announced the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi Onshore Block 5 to Occidental, a US-based internation... |
| 7/27/2020 - The Abu Dhabi National Oil Company (ADNOC) announced its agreement to the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum Corporatio... |
| 7/15/2020 - The Abu Dhabi National Oil Company (ADNOC) has closed its $20.7 billion gas pipeline infrastructure investment deal with a global investor consortium comprising Global Infrastructure Partners, Brookfi... |
| 7/1/2020 - Abu Dhabi National Energy Company (TAQA) announced the successful completion of its transaction with Abu Dhabi Power Corporation (ADPower), creating one of the largest utility companies in the Europe,... |
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6/23/2020 - The Abu Dhabi National Oil Company (ADNOC) announced that it has entered into an agreement with some of the world’s leading infrastructure investors and operators, sovereign wealth and pension funds. ... |
| 10/15/2019 - LUKOIL has acquired a 5 percent share in the Ghasha Concession Agreement from the Abu Dhabi National Oil Company (ADNOC). ... |
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10/15/2019 - The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company (LUKOIL) a five percent stake in the Ghasha ultra-sou... |
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4/18/2019 - Eni has signed an Exploration and Production Sharing Agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant Joint Operating Agreement. The agreement was signed between Eni and Nis... |
