ADNOC Distribution to acquire 50% of TotalEnergies Marketing Egypt LLC
USD200M
Deal Value
ADNOC Distribution agreed to acquire a 50% stake in TotalEnergies Marketing Egypt LLC for $200 million plus an earn-out of up to $27.5 million. The acquisition includes a portfolio of retail fuel stations, wholesale fuel, aviation fuel and lubricants operations.
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Counterparts (3)
Buyer
ADNOC
ADNOC is a diversified energy group wholly owned by the Abu Dhabi Government. They are focused on making today’s energy cleaner while investing in the clean energies of tomorrow, including renewable energy, clean hydrogen and Carbon Capture and Storage (CCS).
Abu Dhabi National Oil Company (ADNOC)
ADNOC is a diversified energy group wholly owned by the Abu Dhabi Government. It operates across the energy value chain, with a focus on decarbonization, sustainability, and international partnerships to provide low-carbon intensity energies and drive the development and production of new energies.
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Sign up free →Timeline
Announced
Jul 25, 2025
Signed
Closed
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