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Tri Ocean buys 5% in Petrodar
- Egypt: Wednesday, March 26 - 2008 at 07:37
Egypt Kuwait Holding's subsidiary, Tri Ocean has signed an agreement with Sudanese state-owned company Sudapet, to buy a 5% stake in the Sudanese oil company Petrodar for $400m, reported Reuters. Sudapet is one of the shareholders of Petrodar. Egypt Kuwait Holding owns 76.86% of Tri Ocean.
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Medilyn Manibo, Assistant News EditorWednesday, March 26 - 2008 at 07:37 UAE local time (GMT+4)
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