Markaz: PTT Exploration Reigns The Top GCC M&A Transactions For Q1 2021 With The Acquisition Of A Minority Stake In Oman s Central Gas Processing Facility albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Here are some of Rigzone s top upstream stories during the last week, just in case you missed them.
Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them…
$17B Shale Player to Emerge Later This Year
Bloomberg announced that Cabot Oil & Gas Corp. and Cimarex Energy Co. had agreed to merge. The deal will create a new Houston-based shale driller with a value of about $17 billion, Bloomberg highlighted.
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$7B+ Shale Driller Merger Baffles Analysts
The merger of Cabot Oil & Gas Corp. and Cimarex Energy Co. confounded investors and analysts, leaving them to question the logic behind the tie-up, Bloomberg noted.
Adnoc plans to raise $1.64bn through stake sale, bond issues
ABU DHABI, 2 days ago Abu Dhabi National Oil Company (Adnoc) together with its subsidiaries, the Adnoc Group, the current holder of 80 percent of the common shares in Adnoc Distribution, aims to raise $1.64 billion by selling its key stakes and also through issuing of bonds. The Abu Dhabi state oil company said it equates to three per cent of the registered share capital of Adnoc Distribution, through an accelerated bookbuild offering at an offer price of AED4.36 per share to certain eligible institutional investors in reliance on Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the US Securities Act).
Adnoc awards $744m offshore block contract to NPCC tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.