UK-based Energean may have to revise its plan to acquire Italy’s Edison in light of the Algerian government’s response to the sales and purchase agreement (SPA) that the two companies signed in July. Specifically, it may have no choice but to exclude Edison’s Algerian assets from the deal.
Posted by Jennifer Delay Iacullo
Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.
