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 waiv ...

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. Lukoil has begun reviewing bids from potential buyers ...

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 ...

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 ...

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, Bloom ...

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 i ...

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.

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