Tuesday 29 July 2014
energy firm

Apicorp buys key stake in Saudi energy firm

Arab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by the Arab states, has reached a deal with Arabian Pipes Company (APC) to acquired its 5.62 per cent equity stake in Saudi-based Industrialization and Energ


Citadel revises energy firm stake sale terms

Citadel Capital said its opportunity-specific fund has signed an amended share purchase deal with Calgary-based Sea Dragon Energy for sale of its 100 per cent stake in the upstream energy firm, National Petroleum Company Egypt. Citadel Cap


Citadel sells Egypt energy firm stake for $147m

Leading private equity company Citadel Capital has reached an agreement to sell its 100 per cent stake in National Petroleum Company Egypt (NPC Egypt) to Sea Dragon Energy, a Calgary-based exploration and development firm for $147.5 million.


KHC invests $50m into Nigerian energy firm

Kingdom Holding Company, the investment firm chaired by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has announced a $50 million investment into First Hydrocarbon Nigeria (FHN), a leading upstream oil and gas company in Nigeria. F


Qatar LNG deal still on says PTT

Thailand's largest energy firm PTT has not cancelled any long-term contracts to buy liquefied natural gas (LNG) from top exporter Qatar, said a senior PTT executive. 'For the long term, we are still talking but I don't want to


Thai PTT scraps Qatar LNG deal, plans expansion

Thailand's largest energy firm PTT has cancelled a deal to buy one million tonnes a year of liquefied natural gas (LNG) from the world's top exporter Qatar after a recent price surge, and has signed alternative contracts with two supp

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