Capricorn Energy has announced an extension of the deadline for a potential deal to sell the company to Saudi investor Al-Masiyyah. A decision on the purchase must be made by July 29, but there are currently no guarantees that the deal will go through.
Capricorn Energy has announced an extension of the deadline for a potential deal to sell the company to Saudi investor Al-Masiyyah. A decision on the purchase must be made by July 29, but there are currently no guarantees that the deal will go through.
Shell is selling part of its assets in the US Gulf of Mexico to Talos Energy and Ridgewood Energy for $1.7 billion. The deal includes stakes in the Na Kika and Coulomb platforms and is expected to be completed by the end of 2026.