sell | Egypt Oil & Gas

ExxonMobil Inks Agreement to Sell Share of Aera Energy Joint Venture

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

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

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

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

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

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

Australian Entek Energy Exits Gulf of Mexico

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

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

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 ...

El Paso Agrees to Sell All Its Oil and Gas Fields in Egypt

El Paso Corp. (EP) , the pipeline company being bought by Kinder Morgan Inc. (KMI), has agreed to sell its oil and natural-gas fields in Egypt to an unidentified buyer, reducing its first-quarter results by about $62 ...

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