NNPC acquires OVH Energy’s downstream Assets

Posted by - October 12, 2022

The Nigerian National Petroleum Company Limited, in line with its “acquisition for growth” plan, has acquired OVH Energy Marketing Limited. OVH is the owner and operator of the Oando retail service station and a major downstream player in the oil and gas industry. The acquisition was announced at an unveiling and rebranding event of Oando

Arab Investment Bank acquires Temenos Infinity to boost financial inclusion drive in Egypt

Posted by - January 7, 2021

Arab Investment Bank has announced its acquisition of Temenos Infinity to offer differentiated digital customer experience and grow its digital customer base. Arab Investment Bank has announced its acquisition of Temenos Infinity to offer differentiated digital customer experience and grow its digital customer base. The software will enable Arab Investment Bank to bring new products

United Energy Group acquires Kuwait Energy for $650m

Posted by - April 10, 2019

United Energy Group, listed on the Hong Kong Stock Exchange, acquired Kuwait Energy, an independent oil and gas company, for about $650m, Shalakany Law Office, the deal’s legal advisor, announced recently. The deal was signed on 23 September 2018 and was successfully closed late March. Shalakany assisted United Energy as the sole buy side legal