Energean Oil and Gas to sell Edison North Sea assets for up to $280 millionChristian Fernsby ▼ | October 14, 2019
Energean Oil and Gas agreed to sell Edison E and P North Sea assets to Neptune Energy Group for up to $280 million.
Acquisition Energean Oil and Gas
Topics: Energean Edison oil gas North Sea
That acquisition was to push deeper into the eastern Mediterranean gas hub, where Edison has a significant presence in Egypt’s rapidly-growing offshore basin.
The sale Monday is subject to Energean completing the Edison deal, it said. ■