Kategori : NATURAL GAS ENERGY NEWS, ENERGY AGENDA NEWS, OIL & FUEL SECTOR NEWS - Tarih : 25 September 2021
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.
In the fields that Cairn and Cheiron bought from Shell, the equivalent of 83 thousand barrels/day of oil was produced in 2020, and 63% of this was gas.
