Qatar Petroleum has completed the acquisition of a 20% interest in SEEF Limited from United Development Company (UDC).
Qatar Petroleum has become the sole operator of SEEF, following the transaction. SEEF is a petrochemical company involved in the manufacture of linear alkyl benzene.
SEEF’s plant located adjacent to the Qatar Petroleum’s refinery will help the company to control hydrocarbon commodity price fluctuations.
Both based in Qatar, DC is a public shareholding company while Qatar Petroleum is a state-owned petroleum firm.
Libra Advisors has acquired 1.45% of the total common shares of Strategic Oil and Gas, on behalf of its investment funds.
The acquisition involves the purchase of more than 26 million common shares at a cost of $0.035 a share.
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By GlobalDataLibra Advisors will hold up to 289 million common shares or a 15.92% interest in Strategic Oil and Gas, upon completion of the acquisition.
Based in the US, Libra Advisors is a privately owned fund sponsor company, while Strategic Oil and Gas is a Canadian petroleum exploration and development company.
Martin Midstream Partners has acquired Martin Transport from Martin Resource Management Corporation.
The acquisition includes a fleet of tank trucks transporting petroleum products and liquids, along with 23 terminals located throughout the Gulf Coast and Midwest.
Both based in the US, Martin Midstream Partners is a natural gas distribution company, while Martin Resource Management Corporation markets, distributes and transports hydrocarbon products.
Total Safety has completed the acquisition of Canada-based oil and gas industry safety services provider Vantage Safety Services.
The acquisition will enable Total Safety to expand its integrated safety services, especially in Grande Prairie, Northern Alberta, and British Columbia.
Total Safety is a US-based safety services provider for the oil and gas industry.
