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
INNOTEX has been acquired by Clearspring Capital Partners
INNOTEX, a manufacturer of personal protective equipment for firefighters and first responders, has completed a strategic partnership with Clearspring Capital Partners.
Learn moreGARAIO has been acquired by Netrics Group
Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.
Learn moreAptic has received a minority investment from Sofiouest
The shareholders of Aptic have completed a primary minority LBO with Sofiouest.
Learn more