“We are pleased that a company that bears the name Ras Al Khaimah will have the opportunity to explore for and hopefully develop the hydrocarbon resources of our Emirate,” declared His Highness Sheikh Saud bin …Read full article » United Arab Emirates: Wednesday, November 19 - 2008 @ 16:57
The MOU provides a platform for both companies to expand their current portfolios: for RAK it means an international expansion while for Anzon it represents an expansion beyond its strongholds of Australia and Indonesia. Initially …Read full article » United Arab Emirates: Tuesday, October 03 - 2006 @ 12:50
RAK Petroleum shareholders voted overwhelmingly in favour of the merger at a specially convened meeting in Ras Al Khaimah, UAE, after DNO shareholders voted in favour with a 76.5% majority in Oslo, Norway on 1 …Read full article » United Arab Emirates: Tuesday, November 08 - 2011 @ 15:15
The OGM, starting at 4.30 pm, will listen to the Chairman’s review of the Company’s performance during the 461-day period ended December 31, 2006.
The audited accounts for the said period together with the Auditors’ …Read full article » United Arab Emirates: Tuesday, April 24 - 2007 @ 14:56
The proposed restructuring includes the transfer of substantially all of the Company’s assets to a newly formed Dutch company that will be owned by a newly formed UK company in exchange for shares of the …Read full article » United Arab Emirates: Thursday, May 16 - 2013 @ 10:46
“RAK Petroleum shareholders can be pleased that DNO International is contributing its second profitable quarter to our results and that its more positive share price reflects, in part, the market’s favorable outlook for the merger,” …Read full article » United Arab Emirates: Monday, November 14 - 2011 @ 12:58
The transaction has been unanimously recommended by Indago’s Board and is contingent only upon
shareholder approval at Indago’s EGM, which is set for 3 April 2007.
The acquisition contributes to RAK Petroleum’s stated aim of developing …Read full article » United Arab Emirates: Wednesday, March 14 - 2007 @ 14:19
The transaction is recommended by the Board of Directors of Gulf Keystone, who have given irrevocable undertakings to vote in favour of the acquisition. The transaction, which will be effected through an amalgamation under Bermuda …Read full article » United Arab Emirates: Saturday, April 14 - 2007 @ 09:42
“The use of a fast, stable and fuel-efficient crew vessel will significantly reduce our transportation operating costs and provide more safety for our crew as they commute from Ras Al Khaimah to our platforms in …Read full article » United Arab Emirates: Sunday, October 31 - 2010 @ 13:57
Reviewing the performance of the Company during the 461 days ended 31st December 2006, Vice Chairman Hussein Sultan Al Junaidi said the net profit for the said period amounted to over AED180 million (US$50 million), …Read full article » United Arab Emirates: Thursday, April 26 - 2007 @ 12:13