assets | Egypt Oil & Gas
Chevron Joins Race for Lukoil’s International Assets, Sources Say
US oil giant Chevron is reviewing potential opportunities to acquire international assets owned by sanctioned Russian producer Lukoil, five sources told Reuters on November 17. This move follows a US Treasury waiver i... Lukoil to Sell International Assets after New Sanctions Imposed
Russian oil giant Lukoil plans to sell its international assets following the imposition of new restrictive measures against the company and its subsidiaries. The move signals a major shift for one of Russia’s largest...
Vitol to Acquire a Portion of Eni’s Assets in Cote d’Ivoire, Congo
Under a new agreement, Vitol will acquire interests in a number of assets owned by Eni in Côte d’Ivoire and Congo for an aggregate consideration of $1.65 billion at 1 January 2024, with standard cash adjustment at clo...
TotalEnergies Completes Acquisition of 50% Stakes in SapuraOMV
TotalEnergies has completed its acquisition of the stakes held by OMV and Sapura Upstream Assets in SapuraOMV Upstream, resulting in TotalEnergies now holding 50% of SapuraOMV, an independent gas producer based in Mal...
Shell to Face $2B Assets Writedown, Weaker Gas Trading in Q2 of 2024
Shell expects to face up to $2 billion of impairments in its second-quarter earnings of 2024 related to a delayed biofuels plant under construction in the Netherlands and its chemicals facility in Singapore, Bloomberg...
SDX Energy Receives Offers for Egyptian Assets
The Board of SDX Energy stated that it is aware of rumors concerning its Egyptian business and confirms that the company has received multiple offers in regard to the sale of its Egyptian assets, which the Board is ev...
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 several n...
UEA’s TAQA to Sell Assets in British Columbia , Alberta
Abu Dhabi National Energy Company, TAQA, has almost closed a deal to sell some of its natural gas and oil-producing assets in British Columbia and Alberta to Blue Sky Resources Ltd, Reuters reported. The two companies...
