On 6 March 2020, Pharos Energy plc ("Pharos") confirmed that it was in the preliminary stages of evaluating the acquisition, as part of a consortium, of Shell Egypt NV's (an affiliate of Royal ...

Royal Dutch Shell plans to sell its onshore upstream assets in Egypt's Western Desert to focus on expanding its Egyptian offshore gas exploration, Shell Egypt said on Sunday.

Shell has put its onshore upstream assets in Egypt’s Western Desert up for sale as the supermajor switches its focus offshore in the Mediterranean Sea to further bolster its global liquefied ...

The Western Desert assets sold for $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.

Shell Egypt to sell assets in Western Desert to focus on offshore exploration. Reuters, Sunday 20 Oct 2019. Related . Shell to start operating oil and gas concessions in Egypt in 2H 2019 ...

Dutch Shell company is close to finalising the sale of its existing oil assets and natural gas concession areas in the Western Desert, which represent about 80% of its assets in Egypt. A source in the ...

Royal Dutch Shell plans to sell its onshore upstream assets in Egypt’s Western Desert to focus on expanding its Egyptian offshore gas exploration, Shell Egypt said on Sunday.