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

• Sunday, 26th March 2017
• by

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

Qatar Petroleum Planning Al Shaheed Unit Sale

• Sunday, 21st February 2016
• by Egypt Oil & Gas

Qatar Petroleum, the state-owned oil and gas giant, has chosen HSBC to advise it on the sale of its Al Shaheen Holding subsidiary as it seeks to cut costs in response to lower oil prices, Reuters reported. Qatar Petro...

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., reported Reuters. Under this non-binding ag...

Omani Electricity Sale Going as Planned to Local and Foreign Buyers

• Monday, 13th July 2015
• by Egypt Oil & Gas

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. With this, the contr...

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

• Wednesday, 15th April 2015
• by Egypt Oil & Gas

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. Criteria is Gas Na...