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Oil & gas news

KCA Deutag and Dalma enter agreement to combine

KCA Deutag (KCAD), a leading global drilling and engineering contractor, has entered into an agreement with the shareholders of Dalma Energy LLC to combine their respective businesses through the acquisition by KCAD of Dalma’s Omani and Saudi Arabian businesses (the Dalma Business).

 
 
 
 

Saffron Energy announces update on South East Asia acquisitions

Saffron Energy, the pan Euro Asian gas explorer, has confirmed significant progress on a number of acquisitions in South East Asia and its withdrawal, by mutual consent, from the acquisition of PVO from Po Valley Energy Limited (Po Valley Energy).