Tunisia

Shell seeks to sell Tunisian gas fields for $500 million

May 19, 2017 | Asset Acquisitions & Divestitures, Company Operations, Tunisia

London, UK | – Royal Dutch Shell Plc is seeking to sell its gas fields in Tunisia for about $500 million, sources said, as the Anglo-Dutch company pushes forward with its vast disposal program. The Tunisian assets, accounting for about 65% of the North African country’s gas production, were acquired as part of Shell’s $54 billion take over of BG Group in 2016. The assets include two offshore gas fields — Miskar, fully owned by Shell; and Hasdrubal, 50% owned by Shell — as well as an onshore production facility. In 2015, …

Planning completed for southern Zarat field offshore Tunisia

February 26, 2015 | Development / Production, Tunisia

Stockholm, Sweden |  – PA Resources (PAR) says it has completed detailed work with state oil company ETAP on a full field life plan of development (POD) for the Zarat field southern tract offshore Tunisia. Zarat is the country’s largest undeveloped offshore oil and gas field, which the authorities consider a strategic asset for Tunisia in light of the country’s increasing gas supply/demand imbalance. The short fall could exceed more than 30% by 2020, PAR claims. The partners plan to present their POD to the Zarat northern …