asset sale | Egypt Oil & Gas

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.

Taqa to Divest Itself of its Sole US Wind Power Asset

Abu Dhabi National Energy Co., or Taqa, has filed with US energy regulators to sell its stake in the Lakefield wind power plant in the U.S. state of Minnesota.

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