North Africa & Middle East

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