Friday 22 June 2018
energy group

Mubadala sells stake in Petrofac Emirates

Abu Dhabi-based Mubadala Petroleum has announced the sale of its 51 per cent interest in Petrofac Emirates to Nama Project Services, an affiliate of energy group Nama Development Enterprises, for an undisclosed sum. Completion of


OMV acquires Tunisian exploration firm

Leading Austrian energy group OMV said it has signed a deal to acquire the Tunisian subsidiaries of US oil and gas company, Pioneer Natural Resources, for $866 million. The transaction was done through its fully owned subsidiary OMV (Tunes

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