XRG takes a stake in Venezuela’s offshore Loran gas field in BP-led agreement
The acquisition brings Gulf capital to Venezuela’s energy sector for the first time
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The acquisition brings Gulf capital to Venezuela’s energy sector for the first time
Stories on our radar this morning from around the region
The takeover is expected to close in 2H 2027, subject to the minimum acceptance threshold and regulatory clearances
The transaction will be funded through a combination of Al Rasheed’s own resources and available financing facilities
The transaction would expand Adnoc’s global network by 55% to nearly 1.6k service stations.
XRG now pairs its equity stake with a 20-year offtake agreement from Train 4
The high-end of the offer represents an 18.4% premium to Egytrans Nosco’s Monday close of EGP 10.35, valuing the company…
The acquisition will be financed through a mix of debt and asset-monetization transactions
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