Sale | Egypt Oil & Gas - Part 2

Nipco Launches $16m Offer for Mobil Oil Shares

Nipco Plc has launched a $16m offer for the shares it needs to increase its stakes in Mobil Oil to 70% to comply with Nigerian takeover rules.

Shell Finalizes Vivo Energy Sale

Shell finalized the selling of its 20% shareholding in Vivo Energy Holding B.V. for a total amount of $250m. The selling comes in line with Shell's plan to focus on downstream activity in areas where it can be most c ...

Shell to Sell Out Gabon’s Oil Assets to Carlyle Group

Royal Dutch Shell Plc has agreed to sell its onshore oil assets in Gabon to a unit of Carlyle Group LP for $587m. The deal is considered a further step in a $30b asset disposal program to help the Dutch company in re ...

Qatar Petroleum Planning Al Shaheed Unit Sale

Qatar Petroleum has chosen HSBC to advise it on the sale of its Al Shaheen Holding subsidiary, three sources with knowledge of the matter said on Thursday, as it seeks to cut costs in response to lower oil prices.

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.

Omani Electricity Sale Going as Planned to Local and Foreign Buyers

Oman’s Electricity Holding Company (SAOC), a member of Nama group, recently completed the sale of the Dhofar Generating Company in Salalah with the shares transfer in the Muscat Securities Market.

Spain’s Criteria Reportedly Considering 4% Sale of Gas Natural

Spain's Criteria, the parent company of lender Caixabank, is considering the sale of 4 percent of energy firm Gas Natural, a source with direct knowledge of the matter told Reuters on Tuesday.

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