Tag: Assala Energy Holdings

M&P, a French oil and gas company, has signed a deal to acquire Assala Energy, a British firm that operates upstream and midstream assets in Gabon, for $1.1 billion, the company announced on Tuesday. The deal, which is subject to regulatory approvals, will boost M&P’s presence and production in Gabon, where it has been operating…

PARIS, FRANCE: Etablissements Maurel & Prom S.A. (M&P) has announced that it is currently engaged in advanced discussions with the shareholder of Assala Energy Holdings Ltd regarding the potential acquisition of all the shares of Assala. The discussions are underway, and if successful, M&P would acquire Assala in what is referred to as the “Proposed…