Pharos ends move to acquire Shell’s upstream assets in Egypt

London-listed junior withdraws from the consortium that is evaluating opportunity, amid current market conditions

No intention to move forward with deal: Pharos chief executive Ed Story — No intention to move forward with deal: Pharos chief executive Ed StoryPhoto: SOCO INTERNATIONAL

Anamaria Deduleasa

London

Shell Egypt Badr El Din Petroleum Company Pharos Energy East Mediterranean

Published 21 April 2020, 07:39Updated 21 April 2020, 07:39