Saturday 30 August 2014
 
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Golden Crescent

Citadel revises Egypt energy stake sale terms

Citadel Capital said its opportunity-specific fund Golden Crescent Investments has entered into a second amended agreement for the sale of National Petroleum Company (NPC) Egypt to Calgary-based exploration company Sea Dragon Energy. Cairo

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Citadel sells Egypt energy firm stake for $147m

Leading private equity company Citadel Capital has reached an agreement to sell its 100 per cent stake in National Petroleum Company Egypt (NPC Egypt) to Sea Dragon Energy, a Calgary-based exploration and development firm for $147.5 million.

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