assets | Egypt Oil & Gas

TotalEnergies Agrees to Sell Minority Interests in West of UK’s Shetland Fields

TotalEnergies declared that it has signed an agreement with Kistos Energy Limited to sell a 20% interest in the Greater Laggan Area fields and in the Shetland Gas Plant in the UK, in addition to interests in sever ...

UEA’s TAQA to Sell Assets in British Columbia , Alberta

The two companies agreed on terms of sales and they are waiting for the Alberta Energy Board's approval to close the deal.

OQ, Madyan Sign Agreement for Assets Acquisition

OQ Gas Networks has signed an agreement with the Public Establishment for Industrial Estates (Madyan) to acquire its gas assets,

ADNOC L&S Acquires Assets of Speedy Hire PLC

ADNOC Logistics & Services Company announced the acquisition of the all the assets of Speedy Hire PLC (Speedy) in UAE in order to expand its handling service.

PMS Raises Assets by $3 MM in 2019

Petroleum Marine Service (PMS) raised its assets and units by about $3 million in 2019.

Yorktown to Sell Merlon Egypt Business

Yorktown Partners has announced that it will sell Merlon International, an oil and gas company focused on exploration and production in Egypt's Western Desert region.

Shell to Sell Iraqi Oil Assets

Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30b asset disposal program.

Apache CEO Glad over Assets in Egypt

Apache CEO, John Christmann, told Houston’s Offshore Technology Conference that he is glad the company held on to its assets in Egypt, while it has been selling most of its international holdings.

Chemical Group INEOS Buys 12 North Sea Fields

The Swiss chemicals company INEOS has purchased 12 gas fields in the North Sea, Reuters reported.

Iran Hopes to Stabilize Oil Prices in Face-Off with Saudi

According to Gulf News, Iran has projected average oil prices at $42 to $50 per barrel in a draft budget bill for the year to March 2017.

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