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State Department nods to USD 2.5 bn arms sale to Egypt
US green-lights USD 2.5 bn Egypt arms sale: Egypt could spend as much as USD 2.5 bn (EGP 39.3 bn)…
Cheiron, Cairn Energy acquire Shell’s Western Desert assets
Shell is out of the Western Desert: Cheiron and partner Cairn Energy have acquired Shell’s oil and gas assets in…
HSBC Egypt appoints new chairman
HSBC Egypt has appointed Nasser Alshaali (LinkedIn) as its chairman as of 22 September, succeeding David Eldon, according to a…
Cairn Energy expects to finalize Shell Egypt acquisition by end of September
Cairn, Cheiron could replace Shell in the Western Desert before the month is out: Cairn Energy and partner Cheiron expect…
What we’re tracking on 9 March 2021
Good afternoon, friends. It’s another busy news day here at home with a nearly USD 1 bn M&A in the…
Cheiron, Cairn to acquire Shell Egypt’s onshore assets
Cheiron, Cairn to acquire Shell assets in a transaction worth up to USD 926 mn: Shell has agreed to sell…
Carlyle, Cairn-backed consortium, Dragon Oil in the running to acquire Shell Egypt onshore assets
M&A WATCH- Private equity firm Carlyle Group and a consortium backed by Cairn Energy are in the running to acquire…
Pharos pulls out of consortium bidding for Shell’s Egypt assets
Pharos Energy bails on consortium eyeing Shell Egypt assets: Pharos Energy has withdrawn from a consortium in the running to…