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Energean completes acquisition of Edison E&P 12/17/2020 LONDON - Energean has completed its acquisition of Edison Exploration & Production S.p.A. from Edison S.p.A. The gross consideration for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired), as of 17 December 2020, is $203 million. In connection with the completion of the acquisition of Edison E&P, an application has been made to the Financial Conduct Authority and to the London Stock Exchange for 177,089,406 ordinary shares of...

Energean closes Edison deal, inks new gas supply agreements for Karish December 17, 2020, by Nermina Kulovic Oil and gas company Energean has completed its acquisition of Edison Exploration & Production from Edison S.p.A. Energean has also entered into new gas sales agreements to supply an additional 0.4 Bcm/yr of gas in Israel. Edison E&P assets map Edison E&P’s portfolio of assets included producing assets in Egypt, Italy, Algeria, the UK North Sea and Croatia, development assets in Egypt, Italy and Norway and balanced-risk exploration opport...