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Sunday, 25 March 2018

Shell to sell stake in Iraq’s West Qurna 1 oil field

Shell to sell stake in Iraq’s West Qurna 1 oil field

*Purchaser to acquire debt of $144 million OpeOluwani Akintayo 25 March 2018, Sweetcrude, Lagos — Shell Exploration & Production Middle East Holdings B.V. has agreed to sell the entire share capital of Shell Iraq B.V (SIBV), which holds its 19.6% stake in the West Qurna 1 oil field. A statement released by Shell Global over …

The post Shell to sell stake in Iraq’s West Qurna 1 oil field appeared first on SweetCrudeReports.

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