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  1. 9 mar 2021 · Shell Egypt and one of its affiliates have signed an agreement with a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC to acquire Shell’s upstream assets in Egypt’s Western Desert for a base consideration of US$646 million and additional payments of up to $280 million between 2021 and 2024, contingent ...

  2. Shell Egypt N.V. and Shell Austria GmbH, subsidiaries of Royal Dutch Shell, PLC (“Shell”), have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC for a base consideration of US$ 646 million and additional payments of up to US ...

  3. 20 wrz 2023 · Cairo - BG International Limited, subsidiary of Shell plc., signed Farm Out Agreement (FOA) with KUFPEC, under which KUFPEC will acquire 40% stake in Block 3 (NorthEast El-Amriya) in the Egyptian Mediterranean Sea.

  4. 24 wrz 2021 · Cairn, together with its consortium partner Cheiron Petroleum Corporation (Cheiron), is pleased to announce completion of the acquisition of a portfolio of upstream oil and gas production, development and exploration interests from Shell Egypt NV and Shell Austria GmbH (Shell) (the “Assets”) in the Western Desert, onshore The Arab Republic ...

  5. 27 wrz 2021 · Shell Egypt N.V. and Shell Austria GmbH, subsidiaries of Royal Dutch Shell, PLC (' Shell '), have completed the sale of their upstream assets in Egypt's Western Desert to a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC for a base consideration of US$ 646 million and additional payments of up to US$ 280 ...

  6. 27 wrz 2021 · Royal Dutch Shell has divested its onshore upstream interests in the Western Desert, Egypt to Cairn Energy and Cheiron Petroleum for $646m. The deal, which was signed in March 2021, also includes additional payments of up to $280m between 2021 and 2024, subject to oil price and the results of further exploration.

  7. 11 mar 2021 · Shell Egypt N.V. (“SENV”) and Shell Austria GmbH (“SAG”) (together referred to as “Shell” or “Sellers”) are wholly owned by the Royal Dutch Shell plc. Shell has been active in Egypt for over 100 years and remains a leading player in country with investments spanning the value chain.

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