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Gov’t awards 11 concessions for gas exploration in the western Mediterranean. PLUS: Shelf Drilling, Sabbour Consulting, Sky Developments
The concessions were awarded to BP, ExxonMobil, TotalEnergies, Chevron, and Shell.
Saudi net foreign assets slump to 13-year low
This comes despite a bumper dividend payout from Aramco
Adnoc Distribution closes acquisition of 50% of TotalEnergies Egypt
The acquisition marks Adnoc’s entry into the Egyptian fuel distribution market
Turkey suspends stock market after earthquake triggers major sell-off
Maersk expects a major correction this year after bumper earnings in 2022: Danish shipping giant Maersk, widely considered a barometer…
B Investments exits TotalEnergies Egypt
B Investments sells entire stake in TotalEnergies Egypt: BPE Partners’ B Investments has agreed to sell its entire 6.38% stake…
Energean sees case for more EastMed gas investment
London headquartered exploration and production outfit Energean is banging the drum for more EastMed gas investment: The start ofdrilling at…
Aramco wants more fossil fuel investment
The ‘SPAC King’ has lost his crown: Chamath Palihapitiya, one of the key figures who fueled the 2020 SPAC mania,…
B Investments hasn’t made its mind up on TotalEnergies Egypt
B Investments has not yet decided on whether to preempt Adnoc’s bid to acquire TotalEnergies Egypt. The company’s board said…
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