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Shell Egypt signs deal to sell onshore assets for up to $926 million

Read more about Shell Egypt signs deal to sell onshore assets for up to $926 million on Business Standard. Shell Egypt has entered into an agreement to sell upstream assets in Egypts Western Desert to Cheiron Petroleum Corporation and Cairn Energy PLC for up to $926 million, the company said on Tuesday
Al Qahirah Rehab Farouk Aidan Lewis Cairn Energy Egypt Western Desert To Cheiron Petroleum Corporation Western Desert

Shell sell Egypt onshore upstream interests Cheiron, Cairn Energy

9:02 AM, 9th March 2021 Royal Dutch Shells petrol station. (Representative Image/File Photo) HAGUE, NETHERLANDS: Shell Egypt and one of its affiliates have signed an agreement with a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC to acquire Shellโ€™s upstream assets in Egyptโ€™s Western Desert for a base consideration of $646 million and additional payments of up to $280 million between 2021 and 2024, cont...
Red Sea Djibouti General Nile Delta Egypt General Badr El Wael Sawan

TOP NEWS SUMMARY: Vodafone's Vantage Towers worth EUR15 billion on IPO

TOP NEWS SUMMARY: Vodafones Vantage Towers worth EUR15 billion on IPO Tue, 9th Mar 2021 10:58 (Alliance News) - The following is a summary of top news stories Tuesday. COMPANIES Vodafone Group said its Vantage Towers spin-off may be worth nearly EUR15 billion on stock market admission before the end of March. The telecommunications firm outlined the price range for the units upcoming initial public offering in Frankfurt. Vantage Towers shares will fetch between EUR22.50 and EUR29.00 in its floa...
United Kingdom Tel Aviv City Of Carolyn Mccall Badr El Wolfgang Schafer
Source: lse.co.uk

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Mubadala Signs Deal with Egypt for Red Sea Tract

Friday, 22 January, 2021 - 08:45 Image used for illustrative purpose. A man works on the rig of an oil drilling pump site in McKenzie County outside of Williston, North Dakota March 12, 2013. REUTERS/Shannon Stapleton Cairo - Asharq Al-Awsat Egyptโ€™s Minister of Petroleum and Mineral Resources Tarek el-Molla inked a new production sharing contract between the state-owned Ganoub El-Wadi Petroleum Holding Company (Ganope) and She...
Gulf Of Suez Janub Sina Mediterranean Sea Oceans General Red Sea Djibouti General
Source: aawsat.com

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