Cove Energy

Shell offers $1.8bn for Cove Energy

Royal Dutch Shell has agreed to buy Cove Energy for £1.12-billion, outbidding PTT Exploration and Production for access to East Africa’s gas reserves.

Sarah Young

2 min read

COVE ENERGY

5 JAN 2012

Cove eyes East Africa potential in $1bn sale

Cove Energy has put itself up for sale, prompting analysts to predict a test of the industry’s interest in the emerging gas basins of East Africa.

Tom Bergin

3 min read