Brazilian Petrobras Selling Offshore Fields Worth $2b

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

Brazil’s state-owned 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, Bloomberg reported. The fields for sale are the Bauna, G...

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

• Sunday, 6th May 2012
• by Egypt Oil & Gas

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 ...

Hungary MOL ready to sell Nabucco stake if needed

• Thursday, 26th April 2012
• by Egypt Oil & Gas

Hungarian oil and gas group MOL is ready to sell its stake in the Nabucco gas pipeline consortium if necessary as it has serious concerns over the project, MOL Chairman-CEO Zsolt Hernadi told a news conference on Thur...