Stellar has successfully completed numerous mandates in the Mediteranean, including offshore Tunisa and Malta. Egypt has been particularly prominent with the sale of oil field interests in the western Dessert and gas assets in the Nile Delta and Gulf of Suez. Further East, activities have ranged from mandates for interests in modest oil fields onshore Yemen to interests in the Iranian super-giant South Pars gas field.
Selected Mandates
Tunisia
Al Thani BV – El Gem, Sidi Mansour & Tozeur Permits
Divestment of interest
Egypt
MOL Plc – North Idkhu Field. Sale of interest to RWE-DEA
Egypt
Sipetrol Egypt Limited – North Bahariya field. Sale to Sahara Oil & Gas Limited
Iran
Eni – South Pars Phases 4 & 5
Strategic divestment advice
Malta
Meditteranean Oil & Gas – Area 4
Farm-out to Genel Energy Plc
Iran
ENAP Sipetrol – Band e Karkheh field
Divestment of interest
Syria
Tri-Ocean Energy – Blocks 13, 15 & 24. Corporate sale of interest in Tri-Ocean Cham Limited
Yemen
Dragon Oil – Blocks 25, 40 & R2
Acquisition from Virgin Resources Ltd