Energean to acquire Greek block from Total
Greek firm Energean is to acquire Total’s stake in Block 2, offshore Western Greece, providing further exploration opportunities in its core area of the Eastern Mediterranean with limited financial exposure.
The Israel and London-listed oil and gas firm said the deal enhances the future growth potential of its portfolio and medium-term optionality to deliver value to all of our stakeholders.
On completion, Energean would acquire France’s Total’s entire 50% Working Interest share and Operatorship.
Energean’s net remaining expenditure towards...
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