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E.ON Ruhrgas Acquires 29% Interest In NW Demiatta Exploration Licence From Shell Egypt - A Move To Expand Its Portfolio Of Assets in North Africa

GlobalData, April 2011, Pages: 8


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E.ON Ruhrgas Acquires 29% Interest In NW Demiatta Exploration Licence From Shell Egypt - A Move To Expand Its Portfolio Of Assets in North Africa - Deal Analysis from GlobalData

Summary

E.ON Ruhrgas AG (E.ON Ruhrgas) completed the acquisition of a 29% interest in the NW Demiatta exploration licence from Shell Egypt N.V. NW Demiatta is a gas exploration licence located in the Nile Delta, offshore Egypt. The licence is operated by Shell Egypt N.V. (61%) and the additional partner is GdF Suez (10%).

Scope

- Rationale behind E.On Ruhrgas acquiring interest offshore Egypt,
- Strategic Benefits for the companies involved,
- Geography covered -Egypt

Reasons to buy

- Develop a sound understanding of the major M&A's, Partnerships, And Joint Ventures taking place in African industry
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the Egypt's oil & gas market
- Get a detailed analysis of a deal to enable you to take better decisions.



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