Info!
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.

Hungarian MOL Group has acquired 14 licences in the North Sea

Hungarian MOL Group has acquired from Wintershall, a 100% BASF subsidiary, 14 licences in the North Sea, including non-operated equity stakes in the Broom field (29%) as well as the Catcher (20%), Cladhan (33.5%) and Scolty/Crathes (50%) developments. Wintershall’s equity share in existing infrastructure on the Sullom Voe terminal and the Brent pipeline system are also part of the deal. The purchase price for the assets is $375mn. 

News Item details


Journal title: Petroleum Review

Countries: UK -

Subjects: Exploration and production

Please login to save this item