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Saturday, 3 March 2018

Upstream: Neptune Energy represents a new scale of private equity-backed entrant

Upstream: Neptune Energy represents a new scale of private equity-backed entrant

03 March 2018, Sweetcrude, Lagos — The completion of Neptune Energy’s acquisition of Engie E&P International SA follows a trend of private equity-backed companies purchasing legacy E&P assets, but this transaction, which all-but removes Engie from the upstream sector, is on a much larger scale. Neptune Energy’s portfolio is larger than those of major independents …

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