selling stakes

  • BP to Sell Egyptian Stake to Dragon Oil

    BP to Sell Egyptian Stake to Dragon Oil

    Thursday, 23rd May 2019

    The transaction is set to take place in the coming weeks and would be the end of BP's 50 years journey in the Gulf of Suez Petroleum Company (GUPCO).

  • Eni Plans to Sell 20% of Zohr Field

    Eni Plans to Sell 20% of Zohr Field

    Sunday, 14th August 2016
    Italy's Eni plans to sell at least a 20% stake in Zohr field in Egypt to different oil companies including Russian Lukoil, US ExxonMobil, French Total, and UK's British Petroleum in order to raise around $5.5b from asset disposal within two years.