QATAR/EGYPT/ALGERIA/LIBYA
Germany’s RWE Faces Challenging Sale Of North African Assets
Germany’s RWE is looking to sell its upstream oil and gas division RWE-Dea, with Qatar thought to be among the key suitors. Most of RWE-Dea’s current 41,000 b/d and 250mn cfd production is in Europe but the firm’s key expansion projects are in North Africa (see tables).
RWE hopes the sale will allow it to focus on its core business of power...
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