assets sale | Egypt Oil & Gas
BP Weighs UK North Sea Asset Divestment in $2.69 Billion Deal
British Petroleum (bp) is in talks with Ithaca Energy, a North Sea oil and gas operator and producer, regarding the sale of its UK North Sea assets in a deal worth nearly $2.69 billion, according to Reuters.While nego...
Exxon Mobil, Chevron Weigh Bids for Lukoil International Assets
US oil giant Exxon Mobil is evaluating potential acquisitions of Russian Lukoil overseas assets, sources familiar with the talks told Reuters. This places Exxon Mobil alongside rival Chevron, which is also reviewing o...
Aramco considers Asset Sales to Raise Cash
Saudi state-owned oil major, Aramco, is considering selling up to five gas-fired power plants to raise cash, Reuters reported, quoting three people familiar with the situation. The decision is part of a broader plan t...
Energean Determined to Close Egypt, Italy, Croatia Asset Sale Despite Regulatory Delays
Energean announced that it remains committed to closing its portfolio sale in Egypt, Italy, and Croatia to Carlyle International Energy Partners, despite significant delays in obtaining the necessary regulatory approv...
Equinor Completes Asset Sales in Nigeria, Azerbaijan for $2B
Equinor has completed the sale of its assets in Nigeria and Azerbaijan, realizing a total consideration of up to $2 billion. This marks the end of the Norwegian oil and gas company’s operations in these two coun...
Eni to Sell Upstream Assets in Alaska to US Hilcorp
Eni has signed a binding agreement with US Hilcorp for the sale of 100% of the Nikaitchuq and Oooguruk assets owned by Eni in Alaska. This transaction, subject to regulatory approvals and customary terms and condition...
Australia’s BHP in Talks With Woodside Petroleum on Selling Oil&Gas Assets
The Australian Broken Hill Proprietary (BHP) Group, world’s biggest miner, has announced that it is in talks with Australia’s top independent gas producer ,Woodside Petroleum Ltd, aim at selling its oil a...
Shell Sells QCLNG Facilities to GIP for $2.5 B
Shell agreed to sell 26.25% interest in the Queensland Curtis LNG (QCLNG) common facilities to Global Infrastructure Partners (GIP) Australia for $2.5 billion. The sale is expected to be completed in H1 2021 and subje...
