asset sale | Egypt Oil & Gas

asset sale | Egypt Oil & Gas

Shell Ends Schwedt Refinery Stake Sale Talks with Poland’s Unimot

British oil major Shell has ended negotiations to sell its 37.5% stake in Germany’s PCK Schwedt refinery to Polish energy company Unimot, Reuters reported, citing Bloomberg News.

Reuters: Energean Eyes bp’s Egyptian Oil and Gas Assets

Energean, a London-based independent exploration and production company, is in exclusive talks to acquire some of British Petroleum (bp)’s upstream oil and gas assets in Egypt in a deal that could reach $1 billion ...

Energean Pulls Plug on Strategic Sale of Egypt, Italy, Croatia Portfolio After Approval Delays

As of the longstop date, certain regulatory approvals in Italy and Egypt were not obtained by Carlyle (or waived), in accordance with the terms of the binding sale and purchase agreement (SPA) signed on 19 June 20 ...

ExxonMobil to Sell Older Permian Assets to Hilcorp in $1B Deal

Exxon Mobil Corp. has reached an agreement to sell its conventional oil drilling assets in the Permian Basin of Texas and New Mexico to Hilcorp Energy for approximately $1 billion, according to Reuters.

Eni Finalizes Sale of Upstream Assets in Alaska to Hilcorp

Eni announced the closing for the sale to Hilcorp of 100% of the Nikaitchuq and Oooguruk assets owned in Alaska for a value of $1 billion.

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

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