UOG Divests from Egypt After Productive Year

• Wednesday, 26th June 2024
• by Sarah Samir

The company the strategic decision to divest from Egypt in late 2023 given the current economic and regional challenges.

Shell Sells $406 M Stake in Iraqi Oil Field to Itochu Subsidiary

• Sunday, 25th March 2018
• by Editorial Team

Shell has agreed to sell its 19.6% stake in the West Qurna 1 oil field in southern Iraq to a subsidiary of Itochu Corporation for $406 million.

Kuwait to Buy Shell’s Bongkot Stake in Thailand

• Wednesday, 1st February 2017
• by Editorial Team

Royal Dutch Shell has said it will sell its stake in Thailand's Bongkot gas field to Kuwait Foreign Petroleum Exploration Company for $900m.

Dow Chemical’s ME Global to be Sold to Equate for $3.2b

• Sunday, 25th October 2015
• by Egypt Oil & Gas

Kuwait's Boubyan Petrochemical Co.’s affiliate Equate had signed a $3.2 b deal to buy ME Global from Dow Chemical and a subsidiary of state-run Kuwait Petroleum Corp.

Total Completes Divestment of its Onshore Stake in Nigeria

• Monday, 30th March 2015
• by Egypt Oil & Gas

Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P, a Nigerian company, for USD 569m