Savannah Energy follows Chad deal with South Sudan acquisition

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

London-listed Savannah Energy has agreed to buy producing oil fields in South Sudan from Malaysia's state energy firm Petronas for up to $1.25 billion, it said on Monday.

Other shareholders in the South Sudan fields, which have a gross output of 153,000 barrels per day, include China's CNPC and Sinopec, India's ONGC and Nilepet, the national oil company of South Sudan.

The deal, which still needs shareholder and regulatory approval, constitutes a reverse takeover because the assets are bigger than the company acquiring them.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 31. in İT

Italia Ultime Notizie, Italia Notizie