US private equity firm KKR has teamed up with the international arm of Kuwait Petroleum Corp to jointly bid for German utility RWE's oil and gas unit DEA, four banking sources familiar with the matter said.
RWE, suffering from
Kuwait-based Asar – Al Ruwayeh & Partners, a leading law firm, and one of the region’s acted as law counsel to the lead arrangers and agents in relation to a $750 million syndicated loan to Kuwait Foreign Exploration Company&rsqu
The international arm of Kuwait's state oil company said on Wednesday it had signed a $750 million, five-year syndicated loan which it will use to increase liquidity and support its global operations.
Kuwait Foreign Petroleum
French oil company Total will partner with US major Exxon Mobil and Kuwait's Kufpec in South Sudan to search for oil in the restive Jonglei state, a senior lawmaker in the African country said.
Sudan's 1983-2005 civil war
Newly independent South Sudan has decided to break up a massive oil concession largely held by Total into three blocks, granting one to the French energy company and the others to two foreign firms, government officials said.
Kuwait Foreign Petroleum Exploration Company (Kufpec) is interested in buying BP's stake in the Nam Con Son gas project off the coast of Vietnam, a newspaper reported.
State oil group Petrovietnam and Kufpec, a unit of Kuwait Petroleum