Energean Expands In East Mediterranean Gas With $850 Million Edison Deal
Transaction Type
Sellers
Buyers
Basin
International
Announce Date
Post Date
Close Date
Estimated Price
284MM
Description
Purchased the oil and gas division of Italian energy company Edison including assets in Egypt, Italy, the UK North Sea and Croatia; deal revised June 2020 to exclude Algeria and Norwegian assets.
Editor's note: Transaction value lowered to $284 million from $850 million after agreement revised June 29, 2020, to exclude assets in Algeria and Norway.