Sale | Egypt Oil & Gas

Shell Signs Deal to Sell European Onshore Renewables Portfolio to TotalEnergies

Shell announced signing a Sale and Purchase Agreement (SPA) to sell its entire European onshore renewables portfolio to TotalEnergies as part of its strategy to optimize capital allocation and focus on businesses ...

bp Signs Deal to Transfer Most Venture Investments to Verdane

bp has agreed to sell the majority of bp Ventures’ minority investment portfolio to European investment firm Verdane, as part of its strategy to simplify its business and sharpen capital allocation. The transactio ...

Carlyle Explores UAE Partnerships for $20 Bn Acquisition of Lukoil’s Global Assets

Carlyle, the US private equity firm, has entered exploratory discussions with investors in the UAE about potentially bringing in partners if it moves ahead with its planned acquisition of Russian oil producer Luko ...

Baker Hughes Completes Sale of PSI Business to Crane Company

Baker Hughes, an energy technology company, announced Monday the closing of the sale of its Precision Sensors & Instrumentation (PSI) product line to Crane Company. The transaction follows a divestiture agreement ...

ExxonMobil Enters Exclusive Talks with North Atlantic for Esso Share Sale

ExxonMobil announced that it has entered exclusive negotiations with the French unit of Canadian energy group North Atlantic to sell  the  82.89 % stake Exxon owns in the French subsidiary Esso, according to Reute ...

TotalEnergies Sells its Fuel Distribution Activities to SIM Distribuidora in Brazil

TotalEnergies has signed an agreement to sell its fuel distribution activities in Brazil to SIM Distribuidora, a Brazilian company. The transaction, subject to authorization by the relevant authorities, involves a ...

Eni Sells 10% of Saipem at 1.970 Euros Per Share

Italian energy company Eni has completed the sale of 10% of the share capital of oilfield group Saipem at 1.970 euros per share for a total value of 393 million euros ($421.96 million).

Shell Finalizes Sale of Its Interest in Aera Energy to IKAV

Shell Offshore, a subsidiary of Shell, has sold its 100% interest in Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV.

 

Equinor Considers Selling a 28% Stake in Statfjord Field

Norway's Equinor is considering selling a 28% share in the Statfjord field, which spans the Norwegian and British continental shelves, as well as minor stakes in a number of satellite fields, According to a presen ...

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