The Industrialization and Energy Service Company (TAQA) announced today the closure of its 100% acquisition of Al Mansoori Petroleum Services, expanding TAQA’s Well Solutions business internationally. In September 2022, TAQA said Al Mansoori would add complementary products and services to TAQA’s portfolio, including early production facilities, well testing, slickline, marine stimulation vessels, multi-purpose service vessels, […]
acquisition
Posted inNews
Eni acquires BP’s gas business in Algeria
According to Eni, this acquisition has will contribute to Europe’s gas needs and further strengthen the company’s presence in Algeria
Posted inNews
ADNOC Distribution acquires a 50% stake in TotalEnergies Egypt for approx. $200mn
The acquisition by ADNOC Distributions will also see the refurbishment of several service stations to ADNOC branding, offering a robust foothold in a fast-growing fuel retail market in Egypt