TotalEnergies Completes the Sale of its Interest in Block 20 in Angola to Petronas

• Sunday, 1st October 2023
• by Fatma Ahmed

TotalEnergies EP Angola announced that it has finalized the sale to of its 40% interest in Block 20 to PETRONAS ANGOLA E&P LTD (PAEPL), a company belonging to the PETRONAS group of companies.

ExxonMobil Inks Agreement to Sell Share of Aera Energy Joint Venture

• Sunday, 4th September 2022
• by Editorial Team

Affiliates of ExxonMobil have agreed to sell Green Gate Resources E, LLC, a division of IKAV, all of ExxonMobil's interests in the California oil production business Aera.

Petronas Considers Selling Its African Upstream Assets

• Wednesday, 24th August 2022
• by Fatma Ahmed

Malaysian state oil company Petroliam Nasional Berhad (Petronas) has started to launch bids to sell its upstream in Africa, including Egypt, with costs of up to $3 billion, Bloomberg reported referring to sources ...

TotalEnergies Agrees to Sell Minority Interests in West of UK’s Shetland Fields

• Monday, 31st January 2022
• by Fatma Ahmed

TotalEnergies declared that it has signed an agreement with Kistos Energy Limited to sell a 20% interest in the Greater Laggan Area fields and in the Shetland Gas Plant in the UK, in addition to interests in sever ...

ADNOC Drilling to Sell 7.5% of Shares Through IPO

• Monday, 6th September 2021
• by Fatma Ahmed

Abu Dhabi National Oil Company (ADNOC) Drilling announced that it plans to offer 7.5% of its shares initial public offering (IPO) to be listed for trading on the Abu Dhabi Securities Exchange (ADX).

BP to Sell Stakes in GUPCO

• Sunday, 18th March 2018
• by Sarah Samir

BP intends to sell its stakes in the Gulf of Suez Oil Company (GUPCO), banking sources have said.

Shell Mulls Selling Gas Fields in Tunisia

• Sunday, 21st May 2017
• by Editorial Team

Sources stated that the assets might be sold for $500m.

Australian Entek Energy Exits Gulf of Mexico

• Thursday, 12th May 2016
• by Egypt Oil & Gas

Australian Entek Energy has entered into an agreement with Houston-based Peregrine Oil & Gas to sell the company’s entire Gulf of Mexico portfolio for almost $3m as market conditions continue to take their toll.

TransCanada to Sell Assets to Fund Pipeline Growth

• Wednesday, 30th March 2016
• by Egypt Oil & Gas

TransCanada is looking to sell its New England power generation business as part of its effort to finance its $10b acquisition of Houston-based Columbia Pipeline Group.

Brazilian Petrobras Selling Offshore Fields Worth $2b

• Tuesday, 22nd March 2016
• by Egypt Oil & Gas

Brazil's state- owned oil company Petrobras is marketing offshore oil and natural gas fields worth as much as $2b as part of its plan to sell assets and pay down debt. The company also aims to raise $14.4b from asset ...