On May 27, 2025, Brooge Energy Ltd. announced that it has entered into a conditional sale and purchase agreement with Gulf Navigation Holding PJSC. The agreement involves the sale of 100% of the issued share capital of Brooge Petroleum and Gas Investments Company FZE and Brooge Petroleum and Gas Investment Company Phase III FZE. The transaction marks a significant strategic move for Brooge Energy as it aligns with their plans for the future. The details of the agreement, including any financial terms, have not been publicly disclosed.
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