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News and Media Releases 2010
Media and press releases
Shell to review Downstream businesses in 21 countries in Africa
Shell Oil Products Africa (Shell) today announced it is reviewing ownership options for its downstream businesses in 21 countries in Africa. While a number of options are being considered, the preferred outcome is the sale of most businesses in scope as going concerns, subject to successful negotiations, and any necessary regulatory and final company approvals.
Shell Egypt Acquires 40% of the Alam El Shawish West Concession in the western desert area
Shell Egypt received ministerial approval to effect agreements signed with Vegas Oil & Gas and GDF SUEZ to acquire a 20% interest from each in the Alam El Shawish West Concession, in the Western Desert area.