Acquiring Company
Delixy Holdings Limited
Acquired Company
Tarbagatay Munay
Singapore
KazakhstanEnergyOil And GasEnergyOil And GasDescription
Delixy Holdings Limited has signed a non-binding letter of intent to potentially acquire up to 48% of Tarbagatay Munay. This move aims to bolster Delixy's presence in the energy sector, specifically by gaining rights to operate the Sarybulak Oil Field. The planned acquisition emphasizes strategic access to energy corridors and enhances market capabilities in crude oil supply.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Tarbagatay Munay?
Tarbagatay Munay was acquired by Delixy Holdings Limited, based in Singapore. The deal was reported on September 16, 2026. Delixy Holdings Limited is a company focused on the trading of oil related products. Based in Singapore, it aims to expand its operations across the energy value chain. Delixy Holdings Limited is privately held and operates in Energy.
When did Delixy Holdings Limited acquire Tarbagatay Munay?
Delixy Holdings Limited's acquisition of Tarbagatay Munay was reported on September 16, 2026. Delixy Holdings Limited has signed a non-binding letter of intent to potentially acquire up to 48% of Tarbagatay Munay. This move aims to bolster Delixy's presence in the energy sector, specifically by gaining rights to operate the Sarybulak Oil Field. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Tarbagatay Munay do?
Tarbagatay Munay (TBM) is a company that operates oil and gas upstream exploitation and production in Kazakhstan. The company has established a significant gas production network supplying natural gas to China. It is privately held, operating in Energy, and is based in Kazakhstan.
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