asset sale | Egypt Oil & Gas

Chevron to Sell $6.5B Assets in Canada to Canadian Natural Resources

Chevron Canada Limited, a subsidiary of Chevron Corporation, has signed a definitive agreement to sell its 20% non-operated interest in the Athabasca Oil Sands Project and its 70% operated interest in the Duvernay ...

bp Sells Minority Stake in Trans Adriatic Pipeline to Apollo for $1B

bp has signed a $1 billion deal with Apollo-managed funds to purchase a non-controlling stake in bp Pipelines TAP Limited, a subsidiary of bp that holds a 20% share in Trans Adriatic Pipeline AG (TAP).

APA Reveals $950M Non-Core Asset Sale Deal in the Permian Basin

 APA Corporation has entered into an agreement for the sale of non-core producing properties in the Permian Basin for $950 million, prior to customary closing adjustments.

TotalEnergies Sells its Interests in West of Shetland Gas Fields to UK Prax

TotalEnergies has signed an agreement to sell its entire interest in West of Shetland assets in the UK to The Prax Group. The assets include Laggan, Tormore, Glenlivet, Edradour and Glendronach fields, the onshore ...

Shell Completes Sale of Western Desert Assets in Egypt

The sale took place for a base consideration of $ 646 million and additional payments of up to $280 million between 2021 and 2024

Saudi Aramco to Sell More Assets

Saudi Aramco plans to sell more of its assets in order to raise billions of USD dollars.

SDX Sells 50% of North West Gemsa License for $3 MM

SDX Energy has announced that it sold 50% working interest in the North West Gemsa license which is located in the Eastern Desert, to Gulf Energy company at for amount of $3 million.

Lazard to Advise Naftogaz on the Sale of its Egyptian Assets

Naftogaz Ukrainy has hired a consulting company to advise it on the sale of its Egyptian assets.

Nigeria Seeks $16.4b through Asset Sales

Nigeria’s Federal Government plans to generate up to $16.4b through asset sales in the next four years to reduce the burden on the nation's budget.

Chevron to Sell African Assets

Total, Glencore and Gunvor are bidding for a 75% stake in Chevron's South African downstream assets, which include a 110,000b/d refinery in Cape Town.

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