Energean, an oil and gas producer, completed the acquisition of Edison Exploration & Production oil business from Edison, an oil and gas business company, for $284m. "Completion of our acquisition of Edison E&P marks a key milestone along our path to becoming the leading independent, gas-producer in the Mediterranean and significantly advances us towards our goal of delivering material free cash flows and shareholder returns in a sustainable way," Mathios Rigas, Energean CEO. On June 29, 2020, the acquisition price was cut down to $284m from $750m.