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Brooge Holdings ( (BROG) ) has provided an announcement.
On May 27, 2025, Brooge Energy Limited announced a conditional sale and purchase agreement to sell 100% of the share capital of Brooge Petroleum and Gas Investments Company FZE and Brooge Petroleum and Gas Investment Company Phase III FZE to Gulf Navigation Holding PJSC. This strategic move may impact Brooge Energy’s operations by shifting its focus and potentially altering its market positioning within the energy sector.
More about Brooge Holdings
Brooge Energy Limited operates in the energy sector, focusing on petroleum and gas investments. The company is based in Fujairah, United Arab Emirates, and is involved in the development and management of oil storage and related services.
Average Trading Volume: 444,937
Technical Sentiment Signal: Hold
Current Market Cap: $152.3M
See more insights into BROG stock on TipRanks’ Stock Analysis page.