Tag: sale

OMV Petrom launches the sale of its Kazakh assets – Romania, 24 January 2020

The largest Romanian oil and gas company OMV Petrom, a part of Austrian OMV Group, has launched the sale of its oil and gas fields in Kazakhstan, its only overseas assets. The company already hired investment bank Jefferies to run the sale of its fully-owned onshore fields in the Tasbulat Area a Full article available […]

Relaunched PPC’s coal units sale to conclude in early May – Greece, 08 March 2019

The tender process for the sale of lignite-fired units operated by Greek state-controlled Public Power Corporation (PPC) began on 8 March, following the approval of fast-tracked procedure by the Greek Parliament. CEO of PPC Manolis Panagiotakis said that all interested investors will have to dec Full article available for subscribers of Energy NEWS service (PDF […]

No further deadline extensions for PPC’s coal units sale – Greece, 21 January 2019

HSBC, the financial advisor for the bailout-required sale of coal-fired units operated by state-controlled Public Power Corporation (PPC), announced that interested parties will have to submit binding offers by the end of current deadline on 23 January, namely there will be no further deadline exten Full article available for subscribers of Energy NEWS service (PDF […]