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TransGlobe Energy Corporation has announced that it has reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the three existing Eastern Desert concessions (the West Gharib, West Bakr and North West Gharib concessions) into a new modernised concession agreement

Shareholders of National Marine Dredging Company (NMDC) have voted to approve the recommended offer to merge with National Petroleum Construction Company (NPCC) 

Aramco and Baker Hughes have announced the formation of Novel, a 50/50 JV to develop and commercialise a broad range of non-metallic products for multiple applications in the energy sector

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