0
 

Egypt: Shell puts Western Desert assets up for sale


Issue 402 - 25 Oct 2019
Shell Egypt announced on 20 October that it was putting its onshore upstream assets in the Western Desert up for sale in order to concentrate on growing its Egyptian offshore exploration and integrated gas business.Wood Mackenzie values the assets, managed by the Badr El Din Petroleum Company joint venture with Egyptian General Petroleum Corporation, at $775m. “Shell’s portfolio in the Western Desert is centred around five key areas, with an average production of about 110,000 boe/d in 2019.

Want to read more?

Small article

£4

(Access to one 100-400 word article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register

Need help?

A member of our team will be pleased to assist you

Sales – Alex Wark

Support – Tara Mulvey

Tel: +44 (0)1424 721667

Want to see more articles like this?

Search our archive or set up a news alert to be notified about new articles, maps and reports relevant to your interests.

Follow us on Google News