Shell to acquire Exxon’s concession offshore Egypt
Shell’s unit BG will become the operator of the North East El-Amriya offshore area after the deal is closed.

Shell’s unit BG will become the operator of the North East El-Amriya offshore area after the deal is closed.
Egypt, Algeria, South Africa, Nigeria and Libya accounted for 78% of the total refining capacity in 2021.
ByThe Italian company will optimise the exploration campaigns in new and existing fields.
The latest positive announcement from United Oil & Gas comes days after London-based SDX Energy announced a new gas discovery…
ByCovering an area of 4,847km², the North Marakia offshore block is located in water depths of 1,000m to 2,000m.
The sale forms part of the company's efforts to focus on natural gas production.
As the Egyptian economy continues to grow at speed, so too does the country’s appeal to foreign investors in oil…
ByThe MSD-25 well is expected to have a gross production capacity of 300 barrels per day.