Announced

Carlyle terminated the acquisition of E&P assets in the Mediterranean from Energean for $945m.

Synopsis

Carlyle, an American multinational private equity, alternative asset management and financial services corporation, terminated the acquisition of E&P assets in the Mediterranean from Energean, an international hydrocarbon exploration and production company, for $945m. “Today, we are announcing the termination of our transaction with Carlyle. This decision was made in the best interests of all our stakeholders, including our employees, investors, host governments, and partners. These groups rely on clarity of ownership and responsible stewardship to ensure the effective management of our vital oil and gas assets, and we remain fully committed to meeting these expectations," Mathios Rigas, Energean CEO.

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