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Tag: Cairn Energy
Cairn Energy

Cairn expects to finalize Shell Egypt onshore assets acquisition by end of month

Posted: September 8, 2021 at 1:45 pm   /   Oil & Gas

Cairn, Cheiron could replace Shell in the Western Desert before the month is out: Cairn Energy and partner Cheiron expect to finalize its takeover of Shell Egypt’s onshore oil and gas assets by the end of September, Cairn said yesterday. The joint acquisition, which will see the assets split 50-50 between the UK-listed company and leading Egyptian […]

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Carlyle, Cairn-backed group, Dragon Oil in running to acquire Shell Egypt onshore assets

Posted: July 16, 2020 at 2:47 pm   /   Oil & Gas

Private equity firm Carlyle Group and a consortium backed by Cairn Energy are in the running to acquire Shell’s onshore assets in Egypt, Reuters reports, citing two sources with knowledge of the matter. Previous reports had indicated that Cairn Energy was part of a consortium that initially included Cheiron and Pharos Energy, until Pharos withdrew […]

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