Latest Deals
The deal could be signed by the end of February, according to reports. Credit: Konektus Photo / Shutterstock
BP to ink deal with Iraq to redevelop four Kirkuk oil and gas fields
UK oil and gas giant BP will sign a deal with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region in northern Iraq, according to Iraq’s Oil Minister Hayan Abdel-Ghani. The deal could be signed by the first week of February, the minister told Reuters.
ADNOC Gas signs $10bn gas supply deal with EWEC
ADNOC Gas has signed a $10bn (Dh36.73bn) flexible natural gas sales and purchase agreement for ten years with Emirates Water and Electricity Company to bolster the UAE’s energy transformation efforts. This deal was announced during Abu Dhabi Sustainability Week 2025 on the sidelines of the World Future Energy Summit.
Helmerich & Payne completes $1.97bn buy of KCA Deutag
Helmerich & Payne (H&P), an onshore drilling company, has announced the successful acquisition of KCA Deutag International, a drilling, engineering and technology company. H&P signed a definitive agreement to acquire KCA Deutag for $1.97bn in July last year.
Kinder Morgan buys North Dakota gas processing system for $640m
Pipeline operator Kinder Morgan has entered an agreement with Outrigger Energy II to acquire a gas gathering and processing system in the Bakken formation in North Dakota for $640m. Kinder aims to reduce future expenditure to accommodate the growth of its existing Bakken customers through this strategic purchase.
