Sonatrach has signed a deal to increase its stake in the Medgaz gas pipeline to 51%, from 43%. The remainder will be held by Naturgy.
Aberdeen-headquartered EnerMech said it is making European expansion a “top priority” with the appointment of a new director.
Aberdeen-headquartered energy services firm EnerMech has appointed John Guy as its new chief executive.
Carlyle Group LP plans to buy a stake valued at as much as $4.8 billion in Cepsa from Mubadala Investment Co., about six months after the Abu Dhabi sovereign fund shelved plans to list the Spanish oil refiner.
Engineering services firm EnerMech has concluded its sale to private equity firm Carlyle Group and announced a number of senior appointments to its board.
EnerMech’s boss has denied that the Aberdeen-headquartered energy service company has been sold to US private equity investor Carlyle Group.