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Secrets of the Herodotus Basin – Hidden Wealth of Egypt


11 March 2021 (Wall Street International) The famous Greek historian Herodotus, “the Father of History”, had once characterized Egypt as “a gift of the Nile” due to the country’s dependence on the river.
But could he ever imagined that the triangle of unprecedented importance between Egypt, Greece and Cyprus, representing the current hotspot for energy developments, would be named after him and would become a contemporary gift to Egypt?
Herodotus had once characterized Egypt as “a gift of the Nile” | Image fromWall Street International.
Nowadays, when geography and history appear as very important geopolitical factors, such symbolically, the Herodotus Basin, located along Egypt’s northern coastline and forming a down-dip extension to the prolific Nile Delta province, probably shares multiple play elements with the Levantine Basin to the east, thus providing the untapped energy opportunities! ....

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Shell Offloads Onshore Egyptian Assets


Mar 9, 2021 8:50:am
Summary
The Anglo-Dutch major says the sale will help it focus more on its offshore operations in the north African country.
by: Joe Murphy
Anglo-Dutch Shell has reached a deal to sell its interests in onshore fields in Egypt s Western Desert for up to $926mn to UK producer Cairn Energy and its Egyptian partner Cheiron Petroleum, the companies announced on March 9. Cairn, meanwhile, has struck a deal to sell its interests in the Catcher and Kraken fields in the UK North Sea for $460mn plus contingent payments to Aberdeen-based Waldorf Production.
Shell s Western Desert business includes interests in 13 onshore concessions and . ....

United Kingdom , Western Desert , Cairn Energy , Cheiron Petroleum , Dutch Shell , United Kingdom North Sea , Aberdeen Based Waldorf , Badr El Din Petroleum Co , Oil Equivalent Day , Egyptian General Petroleum Corp , Red Sea , Upstream Director , Uk Producer , Oil Prices , West Mediterranean , Wael Sawan , Tharwa Petroleum , Egyptian Mediterranean , Gas Exports , North Cleopatra , North Marine , United Arab Emirates , Gas Field , Mubadala Petroleum , Simon Thomson , Uk North Sea ,