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Shell to sell Egypt onshore assets for up to $926 million

Shell to sell Egypt onshore assets for up to $926 million

By Reuters Staff: MARCH 9, 2021

CAIRO (Reuters) – Shell Egypt RDSa.L has entered into an agreement to sell upstream assets in Egypt’s Western Desert to Cheiron Petroleum Corporation and Cairn Energy Plc for up to $926 million, the company said on Tuesday.

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