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Saudi firm acquires majority stake in Shell Pakistan

Experts say Shell faced challenges in Pakistan’s regulated oil market

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Shell to sell Pakistan business stake to Saudi company

Shell to sell Pakistan business stake to Saudi company
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SPCo, WAFI Energy execute SPA for acquisition of Shell Pakistan Limited - Markets

Completion of transaction subject to issuance of public offer by WAFI Energy, receipt of requisite approvals, and satisfaction of other closing formalities

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Shell enters agreement to sell Pakistani unit to Saudi s Wafi Energy – The Frontier Post

Shell enters agreement to sell Pakistani unit to Saudi s Wafi Energy – The Frontier Post
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Saudi-based Wafi Energy signs deal to take over Shell Pakistan

Sale is part of Shell’s strategy to high-grade its mobility network, reads statement

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