Rosneft to buy TNK-BP from BP and AAR for $55 billion On Monday 22nd, 2012, Rosneft makes double win over the TNK-BP internal disputes between its key stakeholders BP and Alfa-Access-Renova (AAR) in closing deal with both parties to take over their respective 50% shares. On Monday morning BP and Rosneft signed Heads of Terms […]
ReadAmong world top ten privately owned oil producers Headquartered in Moscow, Russia, TNK-BP was established in 2003 from the merger between BP Russia oil and gas assets and the local consortium Alfa-Access-Renova (AAR). Created on a balanced base, BP and AAR‘s stakeholders agreed to own 50% each of the newly formed TNK-BP entity. Through […]
ReadAn international oil and gas company Based in Vienna, OMV Aktiengesellschaft (OMV) is one of Austria’s largest listed industrial companies with 29,800 employees in 2011 Historically, OMV is an integrated upstream–midstream–downstream company with activities mostly concentrated in Europe. Upstream, OMV explore and produce oil and gas in Romania and Austria and holds working interests all […]
ReadBP and Shell explore successfully Nile Delta and Western Desert to secure oil and gas supply Then major international oil companies such as BP and Shell decided to extend their exploration and production programs in Egypt in order to secure a long term and sustainable supply in oil and gas to any downstream scheme. After […]
ReadLeadership with Trust Established in 1939 at Mithapur in the State of Gujarat, India, Tata Chemicals Limited (TCL) is actually headquartered in Mumbai, in the State of Maharashtra, and belongs to the India group Tata. Tata Chemical is listed in the national stock exchange of India as TATACHEM separately from the Tata Group. Focusing on […]
ReadOlam Fertilizer and Tata Chemicals to revise costs In April 2011, Olam, Tata and Gabon Government established a joint venture company called Gabon Fertilizer Company (GFC) to support the construction of a large ammonia and urea fertilizer plant. In September 2011, the Singapore-based Olam International (Olam), the Indian Tata Chemicals (Tata) and the Gabon Government selected Technip from France to perform the […]
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