Project Odinmin Investments Limited

Chappal Energies Upstream Portfolio - Acquisition Financing

Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Nigeria

Deal Overview

Equinor has finalised the sale of its Nigerian upstream business – Equinor Nigeria Energy Company (ENEC) – to Mauritius-headquartered Chappal Energies. The total value of the sale amounts to $1.2 billion, consisting of a purchase price of $710 million and the remainder in contingent...

show more
Deal Volume
$450m
Financial Close
06/12/2024
Dealmakers
Sources
Submitted by participant(s)

Did you work on this deal?

This deal page needs more information from those involved.

Tag yourself Nominate TAG A COLLEAGUE SUGGEST AN EDIT

Tranches

To view all tranche and pricing information, login or upgrade to a subscription here

Project Deals

Chappal Energies Upstream Portfolio
$1.2bn
Greenfield
Oil - Upstream (Exploration and production)
Africa
Africa
Nigeria