{ }
001122334455554433221100
001122334455554433221100
Symbol BROGW
Name Brooge Energy Limited
Currency USD
Sector Energy
IndustryGroup Energy
Industry Oil, Gas & Consumable Fuels
Market NASDAQ Global Select
Country United Arab Emirates
State
City Fujairah
Zipcode
Website http://broogeenergy.com

gulf navigation secures 871 million acquisition of brooge energy assets

Gulf Navigation Holding PJSC has secured shareholder approval for an $871 million acquisition of Brooge Energy Limited's assets, enhancing its position in the midstream oil and gas sector. The deal includes cash, new shares, and Mandatory Convertible Bonds, aiming to drive operational efficiencies and support sustainability goals. Completion is anticipated in the second quarter of 2025, pending regulatory approvals.

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