Vopak has completed the acquisition of a 29% stake in Elengy Terminal Pakistan (ETPL) from Engro (24%) and International Finance Corporation (5%) for $31.4m.

Vopak will own a 44% stake in ETPL, while Engro will hold the remaining 56% through its subsidiary Engro Elengy Terminal, which operates an LNG facility in Port Qasim, Karachi, Pakistan.

Vopak signed the acquisition agreement with Engro and International Finance Corporation in July and November this year, respectively.

Vopak is an oil and chemicals handling and storage services provider based in the Netherlands, while Engro is a Pakistan-based subsidiary of investment company Dawood Hercules Company, and International Finance Corporation is a US-based financial institution and a member of the World Bank Group.

Shell is in talks to acquire Endeavour Energy Resources for $8bn.

The acquisition will enable Shell to acquire more than 300,000 acres in the Permian Basin of Texas and New Mexico, owned by Endeavour Energy Resources.

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“The acquisition will help Elixir and GOH to proceed with the exploration activities for the PSC that are scheduled for next year.”

Shell is a Netherlands-based oil and gas company, while Endeavour Energy Resources is a US-based oil exploration and production firm.

Elixir Petroleum has acquired Golden Horde (GOH) in exchange for 79 million of its consideration shares.

GOH is the sole owner of the Nomgon IX CBM PSC in Mongolia, which is estimated to contain natural gas resources of 7.6 trillion cubic feet (tcf).

The acquisition will help Elixir and GOH to proceed with the exploration activities for the PSC that are scheduled for next year.

Elixir Petroleum is an oil and gas exploration company, while GOH is a company focused on coalbed methane business. Both firms are based in Australia.

Resman has signed a share purchase agreement to acquire Restrack.

Resman’s pilot installation gas measurement technology will benefit from Restrack’s inter-well tracing solution, which will provide better production surveillance and field planning.

Both based in Norway, Resman is a wireless reservoir surveillance provider, while Restrack supplies oil production tracer services.

International Petroleum (IPC) has successfully completed the acquisition of BlackPearl Resoures.

IPC acquired all the issued shares by BlackPearl by issuing 0.22 common shares for each share of the latter. The company issued 163 million shares as part of the transaction.

Both parties involved are oil and gas companies based in Canada.