Al Mirqab

LONDON—A former North Sea diver with a long track record of seeking oil in volatile regions is set for a huge windfall after a Qatari investment fund run by the country's former prime minister agreed to buy Heritage Oil for £924 million ($1.55 billion Abramovich's £1billion yacht Eclipse is the world's largest privately owned yacht at 557ft long - beating the al mirqab which is a mere 436ft (but still longer than a football pitch). Despite being smaller than the Eclipse, the al mirqab is still one of Its suitor, al mirqab Capital, is the private investment vehicle of Qatar's Sheikh Hamad Bin Jassim Bin Jabor Al Thani and his family. Sheikh Hamad, who was chief executive of the Qatar Investment Authority until last year, is regarded as the driving force Al Najada, on Ali Bin Abdullah Street (from QR599/£109) is built around a secluded courtyard. Al Mirqab, near the Gold Market, (from QR699/£145) has a rooftop pool. The Four Seasons (8) on the Corniche (00 974 4494 8888; fourseasons.com) has all the Energy Investments Global, a wholly-owned subsidiary of Qatar's Al Mirqab Capital SPC, agreed to acquire Heritage Oil for £924m ($1.6bn, €1.1bn) or 320 pence per share, representing a 25% premium to the closing price on 29 April. Following the news Heritage Oil has agreed a £924m cash takeover offer from a Qatari investment vehicle said it was recommending the 320p a share offer from Al Mirqab, the equivalent of a 25 per cent premium on its closing price on Tuesday. Heritage, founded by Anthony .

The purchase of Heritage, whose main production is in Nigeria, will give Al Mirqab “access to a high-growth, producing asset base in Nigeria and a diverse international exploration portfolio”, the Qatari fund said, according to the Financial Times. Its suitor, Al Mirqab Capital, is the private investment vehicle of Qatar’s Sheikh Hamad Bin Jassim Bin Jabor Al Thani and his family. Sheikh Hamad, who was chief executive of the Qatar Investment Authority until last year, is regarded as the driving Beema currently has branches at Al Mirqab, Abu Hamour and Al Khor and it has planned for an expansion this year. The company has seen a tremendous increase in online insurance policies, and planned to introduce new products through online which would help RECOMMENDED CASH ACQUISITION of HERITAGE OIL PLC by ENERGY INVESTMENTS GLOBAL LTD a wholly owned subsidiary of AL MIRQAB CAPITAL SPC to be effected by means of a Scheme of Arrangement under the Companies (Jersey) Law 1991 On 30 April 2014, Energy .

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