Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Shell has executed a strategic divestment by offloading its 35% non-operated interest in Cyprus's offshore Block 12 to Hungarian energy company MOL Group for $720 million. This transaction marks a sig
Shell has finalized an agreement to divest its entire 35% non-operated stake in Cyprus's offshore Block 12, host to the Aphrodite gas discovery, to Hungary's MO
Shell's decision to divest its 35% non-operated working interest in the Aphrodite gas field to Hungary's MOL Group for up to $720 million marks a pivotal shift
Hungarian energy group MOL has executed a major upstream acquisition, agreeing to purchase a Cyprus-registered subsidiary from supermajor Shell in a deal valued
Hungarian energy group MOL has entered the Eastern Mediterranean upstream sector by agreeing to acquire Shell's 35% non-operated stake in Cyprus's offshore Bloc