Tethys Petroleum Limited has been acquired by SinoHan Oil & Gas Investment BV
Tethys Petroleum Limited has announced the sale of 50% of its oil and gas assets to SinoHan Oil and Gas Investment BV, a subsidiary of HanHong Private Equity Management Co Ltd, for a consideration of US$75 million.
Tethys Petroleum Limited is an oil and gas exploration and production company focused on Central Asia and surrounding regions with substantial oil and gas potential both in existing discovered deposits and in large upside exploration targets.
Oaklins' team in Hong Kong acted as advisor to the seller in this transaction.
Talk to the deal team
Related deals
Cleanroom Combination Group has been acquired by Craft Capital
Cleanroom Combination Group (CCG), a Netherlands-based leading player in the design, construction and maintenance of high-quality cleanrooms, has been acquired (majority) by Craft Capital, a Netherlands-based private equity firm. By joining forces, CCG will accelerate growth in the market of cleanrooms.
Learn moreLitecad has been acquired by The Specialist Group
Litecad, the Netherlands-based engineering firm and provider of technical secondment services, has been acquired by The Specialist Group (TSG), a leading provider of technical engineering specialists for sectors such as power, chemicals, infrastructure, renewables and life sciences. Together, TSG and Litecad will continue supporting clients in their transition towards new energy and sustainable operations.
Learn moreScaleAQ acquires Skala Maskon
TINE SA, one of Norway’s largest food companies, and Nortura SA, a large food producer, have sold Maskon AS to ScaleAQ.
Learn more