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Tag: Citi
Shell

Shell starts receiving offers from IOCs to acquire its Egypt assets

Posted: February 4, 2020 at 4:04 pm   /   Oil & Gas

Dutch Shell has started to receive offers from international companies to buy its current assets from oil and natural gas concessions in the Western Desert in Egypt, and plans to finish the sale by the end of this year. A source in the petroleum sector told Daily News Egypt that the company evaluated its concession […]

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Shell

Shell appoints Citi for $1 billion sale of Egypt Western Desert assets

Posted: November 17, 2019 at 12:55 am   /   Oil & Gas

Royal Dutch Shell has appointed investment bank Citi to run the sale of its onshore Egyptian oil and gas assets which could fetch around $1 billion, sources close to the process said. The sale process is expected to be officially launched at the end of November, the sources said. Shell said last month it plans […]

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