Maurel & Prom Goes Big in Gabon as Carlyle Exits

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Africa-focused independent Maurel & Prom (M&P) says it has agreed to purchase Gabonese producer Assala Energy from private equity group Carlyle for $730 million in a "transformational" acquisition that will more than double its production.

M&A, Corporate Strategy , Independent E&Ps, Conventional Oil and Gas, CO2 Emissions
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