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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 Egypt's Western Desert to Cheiron Petroleum Corporation and Cairn Energy PLC for up to $926 million, the company said on Tuesday
9:02 AM, 9th March 2021 Royal Dutch Shell's 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 Shell’s upstream assets in Egypt’s Western Desert for a base consideration of $646 million and additional payments of up to $280 million between 2021 and 2024, contingent on the oil price and the results of further exploration. The transaction is expected to...
EDINBURGH (dpa-AFX) - Cairn Energy (CNE.L) reported Tuesday that its fiscal 2020 loss before tax from continuing operations was $117.4 million, compared to prior year's profit of $119.5 million.Loss
TOP NEWS SUMMARY: Vodafone's 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 unit's upcoming initial public offering in Frankfurt. Vantage Towers shares will fetch between EUR22.50 and EUR29.00 in its float. Vodafone explained this will imply a market capitalisation between EUR11.4 billion and EUR14.7 ...
Shell has signed an agreement to sell onshore Egyptian assets to Cheiron Petroleum and Cairn Energy for $646 million.. Read more here.