divestment

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

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

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

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

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

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