Shell Acquires Egypt's Offshore Block 3
A subsidiary of Shell plc, BG International, signed a farm out agreement (FOA) with ExxonMobil Egypt to acquire a 100% stake in the Exxon Mobil-operated North East El-Amriya offshore area, Mediterranean Sea, also known as Block 3, a Shell statement said on Wednesday. "On completion of the transfer, BG will…
Asharq Al-Awsat ·