Press Releases

NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) — Brooge Holdings Limited (“Brooge Holdings”) (NASDAQ: BROG) and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity in the oil storage and services business announced today that BPGIC received notification from its Phase I offtake customer, Al Brooge International Advisory LLC (“BIA”), that strong demand for oil storage and product handling in the port of Fujairah resulted in a number of attractive oil storage and product handling requests from new international end users that, after completing proper due diligence, BIA accepted.

NEW YORK, Feb. 14, 2020 (GLOBE NEWSWIRE) — Brooge Holdings Limited (NASDAQ: BROG) (“Brooge Holdings”) today announced its intention to change its name to Brooge Energy Limited. The change will be accomplished through an extraordinary general meeting of the shareholders. Accordingly, the board of directors has set the record date for determining stockholders entitled to vote at the Extraordinary General Meeting for Change of Name and Adoption of Amended and Restated Memorandum and Articles of Association (the “EGM”) as February 19, 2020.

NEW YORK, Feb. 06, 2020 (GLOBE NEWSWIRE) — Brooge Holdings Limited (“Brooge Holdings”) (NASDAQ: BROG) and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity in the oil storage and services business announced today that BPGIC signed a land lease agreement with Fujairah Oil Industrial Zone (FOIZ) for a strategically located and prime plot of land with a total area of approximately 450,000 m2 on which BPGIC plans to develop its Phase III facility. BPGIC expects that Phase III alone could add storage and services capacity of up to three and half (3.5) times the size of BPGIC’s projected operations post-Phase II, which will be 1 million m3.