sell | Egypt Oil & Gas
TotalEnergies Completes the Sale of its Interest in Block 20 in Angola to Petronas
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. The deal was done f...
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. Shares of Mobil California Exploration ...
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 fami...
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 several n...
ADNOC Drilling to Sell 7.5% of Shares Through IPO
Abu Dhabi National Oil Company (ADNOC) Drilling Company announced that it plans to offer 7.5% of its shares through initial public offering (IPO) to be listed for trading on the Abu Dhabi Securities Exchange (ADX), Em...
BP to Sell Stakes in GUPCO
BP intends to sell its stakes in the Gulf of Suez Oil Company (GUPCO), banking sources told Reuters news agency. The sale of its stakes in GUPCO, a business with an estimated value of $500 million, comes as the Britis...
Shell Mulls Selling Gas Fields in Tunisia
Royal Dutch Shell is seeking to sell its gas fields in Tunisia for some $500m, sources said, as the Anglo-Dutch company pushes forward with its vast disposal program, Reuters reported. According to EP Magazine, the Tu...
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, O...
