Deals Counterparts

CVC Capital Partners to acquire Neptune Energy

Acquisition Oil And Gas announced Global Sep 22, 2023
USD3.9B
Deal Value
150 kboepd
Capacity

CVC Capital Partners agreed to acquire Neptune Energy, an oil and gas exploration and production company, from CIC and Carlyle Group for $4.9 billion.

Source Intelligence

KEY DETAILS

EPI has proven and probable reserves of 672 mmboe. "EPI produces more than 150 kboepd and has proven and probable reserves of 672 mmboe."

Deal Size
Neptune Energy Group (“Neptune” or the “Company”), announced today it has entered into an exclusivity agreement under which it proposes to acquire ENGIE E&P International S.A. ("EPI") for $3.9 billion (€3.6 billion 1 ).
Capacity
EPI produces more than 150 kboepd
Location
EPI is a large global E&P business focused on North West Europe and with operations in North Africa and South East Asia.
Announcement
11 May 2017
Expected Close
completion expected by early Q1 2018
PARTIES MENTIONED IN SOURCE
N
Neptune Energy Group buyer

"Neptune Energy Group (“Neptune” or the “Company”), announced today it has entered into an exclusivity agreement under which it proposes to acquire ENGIE E&P International S.A. ("EPI") for $3.9 billion (€3.6 billion 1 )."

E
ENGIE E&P International S.A. seller

"Neptune Energy Group (“Neptune” or the “Company”), announced today it has entered into an exclusivity agreement under which it proposes to acquire ENGIE E&P International S.A. ("EPI") for $3.9 billion (€3.6 billion 1 )."

T
The Carlyle Group investor

"Neptune, backed by funds advised by The Carlyle Group (through its Carlyle International Energy Partners platform), CVC Capital Partners Fund VI and a group of co-investors would acquire a majority shareholding in EPI from France's ENGIE Group."

C
CVC Capital Partners Fund VI investor

"Neptune, backed by funds advised by The Carlyle Group (through its Carlyle International Energy Partners platform), CVC Capital Partners Fund VI and a group of co-investors would acquire a majority shareholding in EPI from France's ENGIE Group."

E
ENGIE Group seller

"Neptune, backed by funds advised by The Carlyle Group (through its Carlyle International Energy Partners platform), CVC Capital Partners Fund VI and a group of co-investors would acquire a majority shareholding in EPI from France's ENGIE Group."

Z
Zaoui & Co advisor

"Zaoui & Co acted as lead financial advisor to Neptune."

B
BNP Paribas advisor

"BNP Paribas and Citi also provided financial advice to Neptune."

C
Citi advisor

"BNP Paribas and Citi also provided financial advice to Neptune."

high quality Enriched Feb 19, 2026

Timeline

Announced
Sep 22, 2023
Signed
Closed

Market Context

This deal is part of the Oil And Gas sector in Global.
2
Oil And Gas deals
18
deals in Global
1 of 2 Oil And Gas deals tracked this month · Updated daily

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