Pharos Energy withdraws interest in Shell's Western Desert assets

Published by Nicholas Woodroof, Editor
Oilfield Technology, Wednesday, 22 April 2020 09:00

Pharos Energy has announced its withdrawal from a consortium evaluating the acquisition of Shell's upstream portfolio in the Western Desert in Egypt.

The company has said that in light of current market conditions an acquisition is unlikely to be in shareholders’ best interests.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/22042020/pharos-energy-withdraws-interest-in-shells-western-desert-assets/

Engineering the next generation of deepwater production

Friday 14 August 2026 12:00

Ian Jackson, interviewed by Contributing Author Ellen Warren, discusses High-Angle Multi-Frac (HAMF) technology, production surveillance in the Whale Field, and the engineering decisions shaping the future of deepwater production.

You might also like