Corys Investments LLC, the UAE family-owned business located in Dubai, has announced a joint venture (JV) with Georg Fischer (GF) Piping Systems and Egypt Gas to invest in a major production site for plastic pipes to participate in the soaring Egyptian gas and water distribution market
Industry
BPGIC signs land lease agreement with Fujairah Oil Industrial Zone
Brooge Petroleum and Gas Investment Company (BPGIC) has signed a new land lease agreement with Fujairah Oil Industrial Zone, which almost triples its land area in Fujairah in a firm step forward towards its major expansion plans
Equinor sets ambition to reduce net carbon intensity by 2050
Norwegian oil and gas major Equinor has launched a new climate roadmap aiming to ensure a competitive and resilient business model in the energy transition, fit for long term value creation and in line with the Paris Agreement
Eni partners with Tatweer Petroleum for Bahrain’s energy sector
Eni has signed an MoU with Bahrain’s Tatweer Petroleum to explore potential collaboration in Bahrain’s energy sector including LNG and oil and gas
Emphasis on maintaining capital discipline driving M&A activity in oil and gas industry, says GlobalData
Deal activity in 2019 has largely revolved around the need to improve company finances and reduce debt
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