Petroleum Africa
Find us on: 
Friday, April 3, 2015
Release
NEAH GES Announces Definitive Agreement to Acquire Quemic International Holdings in Africa
DUBAI, United Arab Emirates, April 2, 2015– NEAH GES (“GES”) today announced that it has signed definitive agreements acquire a majority of the stock, shareholders and economic interest in Quemic International Holdings (QIH), a South Africa based holding company.
Post-acquisition GES will be the controlling shareholder in QIH, incorporating the Quemic business units into a GES affiliate company, GES Africa. In conjunction with the purchase agreements, GES has also provided QIH with interim financing to fund substantial new commercial contracts across the African Continent.
GES is aggressively expanding its commercial business lines on the African Continent. GES Africa business divisions currently include Power Generation and Infrastructure, Maritime, Aviation, Ground Logistics, and Emergency Medical Services. The addition of the Quemic business units will substantially increase GES commercial services across Africa for major clients in the oil, gas, mining, heavy industry as well as local and international governments.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
