Two Royal/Dutch Shell subsidiaries have agreed to sell to a Kuwait Foreign Petroleum Exploration Company (KUFPEC) subsidiary their combined 40% stake in Egypt’s Rosetta oil and gas concession in the Nile Delta. The BG-operated concession, some 65 kilometres off the coast of Egypt, includes an onshore and offshore plant The oil major said it expects…
KUWAIT: Shell and KUFPEC announce agreement on Rosetta concession
Posted on June 15, 2004 by EnergyAsia