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/

STRYDE awarded contract for Middle East seismic survey

Wednesday 25 January 2023 09:56

The company has been awarded a multi-million-dollar contract for the supply of an 80 000-channel nodal acquisition system in the Middle East.

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