Tag: Agreement

Egypt’s Midor signs $1.2 billion loan agreement

Tue Feb 23, 2016/Reuters Egypt’s state-owned Middle East Oil Refinery Company (Midor) has signed an initial loan agreement with three banks for $1.2 billion, the state news agency said on Tuesday. The loan represents around 80 percent of the cost of its $1.4 billion Alexandria refinery lab expansion, while the […]

OER Says E & P Holdings to Acquire Oando’s Minority Shares in OER

By InvestAdvocate Lagos (INVESTADVOCATE) – Oando Energy Resources (OER) on Thursday said Oando E&P Holdings Limited will acquire all minority shares of Oando Plc in OER, the company disclosed in an issuers notice to the Nigerian Stock Exchange (NSE). OER said it has filed on SEDAR and is mailing a […]