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Announced

Carlyle to acquire E&P assets in the Mediterranean from Energean for $945m.

Synopsis

Carlyle, an American multinational private equity, alternative asset management and financial services corporation, agreed to acquire E&P assets in the Mediterranean from Energean, an international hydrocarbon exploration and production company, for $945m. “Carlyle is the right custodian of this asset base and will create an excellent home for our colleagues. We wish them every success and look forward to watching their progress as we continue to develop and diversify our natural gas focused asset base. I thank our colleagues based in Egypt, Italy and Croatia for their hard work and dedication over the years,” Mathios Rigas, Energean CEO.

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