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
$284.0MM
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.