Recent Posts

Saudi Aramco among second-round bidders for OMV Turkey unit

  Bloomberg Saudi Arabian Oil Co., the world’s largest crude exporter, is among second-round bidders for a Turkish fuel retailer owned by OMV AG, central Europe’s biggest oil and gas company, according to three people with direct knowledge of the matter. HSBC Holdings Plc is advising the Saudi company on the potential acquisition of Istanbul-based OMV Petrol Ofisi AS, Turkey’s ...

Read More »

Zain Group expects to finalise Saudi Arabia tower sale in first half of 2017

  Reuters Kuwaiti telecoms group Zain expects to sell its mobile transmitter towers in Saudi Arabia for more than $500 million in the first half of 2017, its chief executive said. Zain, which operates in eight countries in the Middle East and Africa, has been exploring the sale of its towers in some of its markets since as early as ...

Read More »

Iraq postpones upstream bidding round to mid ’17

  Reuters Iraq’s oil ministry is postponing a bidding round for 12 small and medium-sized oil fields across three provinces from Nov. 30 to the middle of next year, the ministry said on its website on Thursday. The ministry’s statement said there are “essential changes” to the previous announcement, including plans for the oil ministry to develop some of the ...

Read More »
Send this to a friend