Soujanya Ravi

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By Soujanya Ravi On Tuesday, February 26th, 2019
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Unilever acquires UK healthy snack brand graze from Carlyle

(adsbygoogle = window.adsbygoogle || []).push({}); Unilever acquisition of graze : Consumer goods manufacturer Unilever has acquired UK healthy snack brand graze from global investment company The Carlyle More...

By Soujanya Ravi On Sunday, February 24th, 2019
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Canada-based Encana wraps up $7.7bn acquisition of Newfield Exploration

Encana acquisition of Newfield : Encana Corporation has successfully completed the acquisition of US oil and gas company Newfield Exploration for $7.7 billion as per the latest energy acquisition news. The deal More...

By Soujanya Ravi On Tuesday, February 19th, 2019
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ADNOC awards Abu Dhabi Onshore Block 3 rights to Occidental Petroleum

US oil and gas company Occidental Petroleum has been granted exploration rights to Abu Dhabi’s Onshore Block 3 from the Abu Dhabi National Oil Company (ADNOC) for a participation fee of AED893 million ($244 million).  More...

By Soujanya Ravi On Monday, February 18th, 2019
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P-67 FPSO begins production from Lula North project in Santos Basin

Upstream industry news : Petrobras and its partners Royal Dutch Shell and Galp have started production from the Lula North project in the Santos Basin in Brazil through the P-67 floating production and storage offloading More...

By Soujanya Ravi On Monday, February 18th, 2019
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First Infrastructure to take controlling stake in Agua Blanca pipeline

First Infrastructure Capital Advisors has signed two separate deals to acquire 80% stake in the Agua Blanca pipeline, a natural gas residue pipeline in Texas which serves the Delaware Basin, for an undisclosed price. Through More...

By Soujanya Ravi On Saturday, February 16th, 2019
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Ontario govt okays NextBridge’s East-West Tie Transmission Line Project

The Ontario government has designated NextBridge Infrastructure as the licensed transmitter to take up the East-West Tie Transmission Line Project in the Canadian state. In this connection, NextBridge Infrastructure, More...

By Soujanya Ravi On Saturday, February 16th, 2019
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GE, Sumitomo to develop 1.8GW power plant in Sharjah, UAE

A consortium made up of GE, Sumitomo, Shikoku Electric Power and Sharjah Asset Management (SAM) have signed an agreement to develop, build and operate what will be the first independent combined cycle power plant More...

By Soujanya Ravi On Saturday, February 16th, 2019
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US bank holding companies Chemical Financial and TCF sign $3.6bn merger

Banking acquisition news : Chemical Financial, the Michigan-based bank holding company which owns the Chemical Bank has signed an all-stock deal worth $3.6 billion to acquire Minnesota-based TCF Financial, the parent More...

By Soujanya Ravi On Monday, February 11th, 2019
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ADNOC to offload 35% stake in ADNOC Refining to Eni and OMV for $5.8bn

Italy’s Eni and Austria’s OMV, through separate agreements, have agreed to acquire stakes of 20% and 15%, respectively in ADNOC Refining – the refining business of Abu Dhabi National Oil Company (ADNOC), for More...

By Soujanya Ravi On Saturday, February 9th, 2019
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IKEA Norfolk opening fixed for 10 April 2019

IKEA Norfolk opening : Swedish home furnishings retailer IKEA is all set to open its 50th store in the US on 10 April at Norfolk in Virginia. The home furnishings retailer broke ground on what is its second store More...