Announced
Completed
Synopsis
Savannah Petroleum, a holding company, completed the acquisition of Seven Energy, provider of services to oil and natural gas industries, for $1.1bn. “We are very pleased to have completed the Seven Energy Transaction. The deal transforms Savannah into a full-cycle E&P company in West Africa and marks the start of a very exciting time for us. We have acquired a business with great people and a strong set of exploration, appraisal, development and production assets which are expected to be highly cash flow generative for the Company," Andrew Knott, Savannah Petroleum CEO.
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