Shell to Sell BG Cyprus and Aphrodite Gas Stake to MOL Group
Shell has announced its intention to sell its stakes in BG Cyprus and the Aphrodite gas field to MOL Group, marking a significant transaction in the energy sector.
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MOL Group Acquires Shell's Stake in Cyprus Aphrodite Gas Field
MOL Group has signed an agreement with Shell to acquire BG Cyprus, including Shell's stake in the Aphrodite gas field, for up to $720 million. This deal marks Shell's exit from the Cypriot gas field and a significant investment for MOL.
NBG Cyprus Appoints Nicolas Prentzas as General Manager and COO
The National Bank of Greece (Cyprus) has announced the appointment of Nicolas Prentzas as general manager and chief operations officer, aiming to strengthen its management team and support its development strategy.