Mergers And Acquisitions News

 

Eni to Sell Stakes in West African Oil and Gas Assets to Vitol for $1.65B

Mar 19, 2025

Vitol will acquire interests in certain assets owned by Eni, including including the Baleine project in Cote d’Ivoire and Congo LNG project in the Republic of Congo, for $1.65 billion.According to the agreement between the parties, Vitol will acquire an interest in both oil and gas producing assets and blocks undergoing exploration, appraisal and development.These include the Baleine project in Cote d’Ivoire…

ADNOC Drilling to Buy Stake in MB Petroleum Services, Further Expanding in the Gulf

Nov 05, 2025

ADNOC Drilling said on Wednesday it would buy an 80% stake in regional drilling and oilfield services provider MB Petroleum Services for an enterprise value of $204 million (749 million dirhams), marking a further expansion in the Gulf.The deal…

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