Maurel & Prom: signature of the share purchase agreement for the acquisition of Assala – 08/15/2023 at 7:10 p.m.


(AOF) – Maurel & Prom SA announces that following a sale process, its Board of Directors has authorized the signing of a share purchase agreement with Carlyle International Energy Partners for the acquisition of 100% of the shares of Assala Energy Holdings Ltd. and all its subsidiaries holding the entire portfolio of crude oil production, transportation and storage assets in Gabon.

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Biogas to green activities

Obtained through the decomposition of waste, it falls into the category of green energy. It is part of the strategy of many countries, particularly in Europe, to reduce their dependence on hydrocarbon imports. The oil groups have strong ambitions in the field, as revealed by two recent operations. The British BP took over the American Archaea Energy for 4.1 billion dollars. Then, the Anglo-Dutch, Shell, announced the acquisition of the Danish Nature Energy for 2 billion dollars. These transactions show high valuation levels, underlining the strong potential of the sector. TotalEnergies had already taken a stake in the American Clean Energy Fuels Corp in 2018, of which it now holds 19%. It recently joined forces with Veolia to recover biomethane from waste treatment facilities.



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