Shell completed the sale of its oil assets located in the Western Sahara Desert location to Cheiron Petroleuim and Cairn Energy for $926 million.

Royal Dutch Shell announced that it has completed the sale of its oil and gas assets in Egypt’s Western Sahara Desert location, while Egypt-based Cheiron Petroleuim and UK-based Cairn Energy together with Shell Egypt’s share of 13 land licenses for $926 million in the business’ Badr El-Din Petroleum. Company’s (BAPETCO) 50% shares were acquired.

Sale of ‘Shell’ Assets in Egypt Completed | Devamı>>>