Edison

Energean Oil to sell Edison North Sea assets

Israel-focused Energean Oil & Gas Plc on Monday agreed to sell Edison E&P North Sea assets to Neptune Energy Group for up to $280 million, as part of an ongoing plan to sell non-core assets.
Energean, which is focused in the Mediterranean, will sell Edison E&P's UK and Norwegian units for $250 million, with additional cash contingent consideration of up to $30 million.

Energean to buy Edison's oil and natural gas unit for 750 million dollars

Israel-focused gas driller Energean said on Thursday it will buy Italian energy group Edison's oil and natural gas unit for an initial consideration of $750 million.
The acquisition would significantly expand Energean's operations in the growing eastern Mediterranean gas hub, with a significant presence in Egypt's offshore basin.

Energean leads race for Edison’s oil and gas unit

Israel-focused gas driller Energean has emerged as the front-runner in the race to acquire Italian energy group Edison's oil and natural gas unit, two sources directly involved in the deal said.
The acquisition would significantly expand Energean's operations in the growing Eastern Mediterranean gas hub with a significant presence in Egypt's offshore basin.

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