07:21 AM EDT, 10/06/2025 (MT Newswires) -- Shell (SHEL) entered an agreement to sell a 27% participating interest in the North Cleopatra block offshore Egypt to QatarEnergy for an undisclosed sum, the latter said on Sunday.

The oil and gas major will retain a 36% participating interest as operator of the block, with Chevron ( CVX ) holding a 27% participating interest and Tharwa Petroleum Company holding 10%.

The block is located adjacent to the North El-Dabaa block, where QatarEnergy holds a 23% participating interest, the company said.