Announced

Al Mansour to acquire a 19.9% stake in Invictus Energy for AUD37.8m.

Synopsis

Al Mansour, an investment vehicle, agreed to acquire a 19.9% stake in Invictus Energy, an independent upstream oil and gas company, for AUD37.8m. “We’re proud to launch Al Mansour Oil & Gas in partnership with Invictus Energy, a company that shares our vision for responsible and impactful energy development across the African continent. Our investment in Invictus and our new AMOG joint venture reflects our long-term commitment to Africa’s growth, energy security and economic transformation. Our goal with AMOG is to unlock the immense potential of Africa’s oil and gas sector in a way that benefits all stakeholders - host governments, communities and investors alike. We look forward to building a world-class African upstream portfolio and working closely with our partners to deliver energy for progress," Sheikh Mansour bin Jabor bin Jassim Al Thani, Al Mansour Founder.

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MergerLinks - Al Mansour to acquire a 19.9% stake in Invictus Energy for AUD37.8m.