Announced
Financials
Sources
Tags
gas fields
Private
Peru
Friendly
Minority
Integrated Oil and Gas
Pending
Acquisition
Single Bidder
Synopsis
Pluspetrol, that develops and produces high pressured gas, agreed to acquire a 17.6% stake in two Peruvian gas fields from SK Innovation, a South Korea refiner, for $1bn. Proceeds of the sale will be use to finance investments in other promising energy sectors, including battery and materials business, and expand its presence in the Asian and North American markets.
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