Capricorn Egypt Limited

Western Desert Oil and Gas Asset Acquisition - Financing

Borrower(s)
Industry
Oil & gas/Gas - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Egypt

Deal Overview

Societe Generale, London Branch led a syndicate of lenders on a reserve-based lending facility of US$325 million to subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC for the acquisition of upstream oil and gas assets located in the Western Desert in Egypt from Shell Egypt N.V. and...

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Deal Volume
$325m
Financial Close
17/09/2021
Dealmakers
Sources
Submitted by participant(s)

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Tranches

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Project Deals

Western Desert Oil and Gas Project
$646m
Greenfield
Gas - Upstream (Exploration and production)
Africa
Africa
Egypt