{"id":569804,"date":"2020-03-08T04:20:12","date_gmt":"2020-03-08T04:20:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/pharos-energy-confirms-interest-in-shells-egypt-assets\/"},"modified":"2020-03-08T04:20:12","modified_gmt":"2020-03-08T04:20:12","slug":"pharos-energy-confirms-interest-in-shells-egypt-assets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/pharos-energy-confirms-interest-in-shells-egypt-assets\/","title":{"rendered":"Pharos Energy confirms interest in Shell\u2019s Egypt assets"},"content":{"rendered":"

Pharos Energy<\/a> has confirmed its interest in purchasing Shell\u2019s onshore oil and gas assets in Egypt\u2019s Western Desert as part of a consortium, and has said in<\/a>a filing<\/a>to the London Stock Exchange<\/a> it is in the initial stages of evaluation. The interest doesn\u2019t necessarily guarantee that a proposal will be made to Shell or that a transaction will take place, the company said. We took note of the story late last month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pharos Energy has confirmed its interest in purchasing Shell\u2019s onshore oil and gas assets in Egypt\u2019s Western Desert as part of a consortium, and has said ina filingto the London Stock Exchange it is in the initial stages of evaluation. The interest doesn\u2019t necessarily guarantee that a proposal will be made to Shell or that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72,91,523,594],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569804","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","tag-oil-and-gas","tag-pharos-energy","tag-shell","wpautop","entry"],"acf":{"mongo_id":"ca3b229d-778f-4419-8ee3-a80da7b747c5","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[569778],"teaser":"","voice_url":""},"yoast_head":"\nPharos Energy confirms interest in Shell\u2019s Egypt assets - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/pharos-energy-confirms-interest-in-shells-egypt-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pharos Energy confirms interest in Shell\u2019s Egypt assets\" \/>\n<meta property=\"og:description\" content=\"Pharos Energy has confirmed its interest in purchasing Shell\u2019s onshore oil and gas assets in Egypt\u2019s Western Desert as part of a consortium, and has said ina filingto the London Stock Exchange it is in the initial stages of evaluation. The interest doesn\u2019t necessarily guarantee that a proposal will be made to Shell or that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/pharos-energy-confirms-interest-in-shells-egypt-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-08T04:20:12+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/pharos-energy-confirms-interest-in-shells-egypt-assets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/pharos-energy-confirms-interest-in-shells-egypt-assets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Pharos Energy confirms interest in Shell\u2019s Egypt assets\",\"datePublished\":\"2020-03-08T04:20:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/pharos-energy-confirms-interest-in-shells-egypt-assets\/\"},\"wordCount\":86,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"oil and gas\",\"Pharos Energy\",\"Shell\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/pharos-energy-confirms-interest-in-shells-egypt-assets\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/pharos-energy-confirms-interest-in-shells-egypt-assets\/\",\"name\":\"Pharos Energy confirms interest in Shell\u2019s Egypt assets - 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Other undisclosed Asian and Middle Eastern\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570915,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/22\/pharos-pulls-out-of-consortium-bidding-for-shells-egypt-assets\/","url_meta":{"origin":569804,"position":1},"title":"Pharos pulls out of consortium bidding for Shell\u2019s Egypt assets","author":"enterpriseam admin","date":"22 April 2020","format":false,"excerpt":"Pharos Energy bails on consortium eyeing Shell Egypt assets: Pharos Energy has withdrawn from a consortium in the running to acquire Shell\u2019s onshore assets in Egypt due to the collapse in oil prices, it said in a statement yesterday. Pharos was part of a consortium with Cheiron and Cairn Energy,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573003,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/carlyle-cairn-backed-consortium-dragon-oil-in-the-running-to-acquire-shell-egypt-onshore-assets\/","url_meta":{"origin":569804,"position":2},"title":"Carlyle, Cairn-backed consortium, Dragon Oil in the running to acquire Shell Egypt onshore assets","author":"enterpriseam admin","date":"16 July 2020","format":false,"excerpt":"M&A WATCH- Private equity firm Carlyle Group and a consortium backed by Cairn Energy are in the running to acquire Shell\u2019s onshore assets in Egypt, Reuters reports, citing two sources with knowledge of the matter. Previous reports had indicated that Cairn Energy was part of a consortium that initially included\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/125.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570698,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/cheiron-pharos-cairn-move-to-second-round-of-bidding-for-shell-egypt-onshore-assets\/","url_meta":{"origin":569804,"position":3},"title":"Cheiron, Pharos, Cairn move to second round of bidding for Shell Egypt onshore assets","author":"enterpriseam admin","date":"12 April 2020","format":false,"excerpt":"Cheiron consortium moves to second round of bidding for Shell Egypt onshore assets: A consortium of Cheiron, Pharos Energy and Cairn Energy has moved to a second round of bidding to acquire Shell\u2019s onshore assets in Egypt, Bloomberg reports, citing unnamed sources. Egypt\u2019s East Gas has also been invited to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/101.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569832,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/09\/four-bidders-for-shells-onshore-assets-in-egypt\/","url_meta":{"origin":569804,"position":4},"title":"Four bidders for Shell's onshore assets in Egypt","author":"enterpriseam admin","date":"9 March 2020","format":false,"excerpt":"More companies declare bids for Shell's onshore assets in Egypt: US oil and gas producers Apache and Apex International Energy, have reportedly submitted bids to acquire Shell's onshore assets in Egypt, Al Mal reported citing unnamed sources. The companies join other potential buyers, including Cheironand Pharos Energy. Background: Shell announced\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557608,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/cheiron-cairn-energy-acquire-shells-western-desert-assets\/","url_meta":{"origin":569804,"position":5},"title":"Cheiron, Cairn Energy acquire Shell\u2019s Western Desert assets","author":"enterpriseam admin","date":"26 September 2021","format":false,"excerpt":"Shell is out of the Western Desert: Cheiron and partner Cairn Energy have acquired Shell\u2019s oil and gas assets in the Western Desert under an agreement in March that could be worth up to USD 926 mn, the three companies announced in separate statements on Friday (here (pdf), here and\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/350.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=569804"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569804\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/569778"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=569804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=569804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=569804"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=569804"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=569804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}