MOL Group Acquires Offshore Upstream Portfolio in the North Sea Area

MOL extends with a landmark transaction its upstream portfolio by entering the attractive North Sea region. The offshore assets are acquired from the German BASF Group member Wintershall and are located in the UK North Sea basin. The deal is of strategic value as MOL intends to enhance its offshore experience and achieve further growth in this region, while immediate reserve addition and sizeable mid-term production growth are also ...

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