Carlyle to Acquire Mediterranean E&P Asset Portfolio from Energean
June 20, 2024
The Carlyle Group, through its Carlyle International Energy Partners fund, has agreed to acquire a portfolio of gas-weighted exploration and production (E&P) assets in Italy, Egypt and Croatia from Energean plc. The assets — which include interests in the Cassiopea field (Italy) and the Abu Qir hub (Egypt) — will form the basis of a standalone Mediterranean E&P platform subject to regulatory approvals.
- Targets
- Portfolio of E&P assets from Energean plc (including Cassiopea and Abu Qir)
- Sellers
- Energean plc
- Industry
- Oil & Gas
- Location
- United Kingdom
- Transaction Type
- Buyout
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