Energean to buy Edison’s oil and gas business in $750m deal

Greek oil and gas company, Energean is becoming one of the biggest independent exploration and production groups listed in London by acquiring italian company Edison oil and gas portfolio. This makes Energean the largest independent gas-focused E&P in the Mediterranean. Reminding that Energean holds the key Israeli Karish and Tanin developments and expects gas to make up over 85% of its production.

Source:

https://www.ft.com/content/fdf7f2f8-9e2b-11e9-b8ce-8b459ed04726