Bank, in partnership with The Fine Art Fund Group, has announced the launch of a $35 million 'Middle Eastern Fine Art Fund by Addax
Petroleum continues to lead the development of this emerging oil region through our highly successful appraisal programme.
This acquisition is in line with Addax
Bank's strategy to invest in high growth, non-cyclical sectors such as education, food and beverage, and hospitality.
The remaining owners of Participating Interests under the Joint Operating Agreement are Addax
Petroleum Etame, Inc.
Additionally, Agility is also working on forming a team of investment professionals to help manage the business it hopes to acquire, including Yousef Al Essa, the former Chief Executive of Amwal International Investment Company and Addax
Bank, as well as Yahya Jalil, formerly Managing Director of Frontier Management Group.
Petroleum Development Nigeria Ltd., a Chinese oil firm, on Wednesday, announced the resignation of its Senior Vice President/ Managing Director, Mr Colin Klappa.
28 December 2017 - AOG Upstream B.V., an indirect wholly-owned subsidiary of Malta-based investor The Addax
and Oryx Group plc, has acquired ownership and control of an additional 24,481,049 common shares from treasury of Oryx Petroleum Corp.
M2 EQUITYBITES-December 28, 2017-The Addax
and Oryx Group Acquires Additional Shares of Oryx Petroleum
Bank, a Bahrain-based wholesale bank, has announced its intention to cease banking operations via a notice published in the local media yesterday.
The plight of Chinese company Addax
Petroleum, which became locked in court battles over its operations in Gabon, is a good example of what triggered a new and growing Sino-African legal movement.
Sinopec International Petroleum Exploration and Production Corp and its subsidiary Addax
Petroleum UK are seeking compensation to cover their initial investment in 2012 in a venture in the British North Sea with Talisman Energy Inc., a Canadian company that Repsol bought last year for $8.3 billion, excluding debt.
Petroleum, an international oil and gas exploration and production company, has acquired Paradigm Pore Pressure Prediction module to complement its Paradigm range of products.
Oryx Energies part of the Addax
and Oryx Group opened a new oil terminal in Las Palmas in mid-September to provide storage capacity.
Oman-based Al Anwar Holding has won a legal case against Bahrain-based Addax
Bank regarding investments made in the bank.