Deal Insight
Tenaz acquires NAM's offshore portfolio
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 18 July 2024, NAM agreed the sale of its portfolio of offshore assets in the Netherlands to Tenaz Energy for an expected US$262 million, of which US$180 million is firm. Along with the base purchase price, the deal also includes a contingent earn-out and uncapped contingent payments linked to exploration success and the Dutch TTF gas price. Completion is expected by mid-2025, subject to customary regulatory and antitrust approvals.
Table of contents
- Upsides
- Risks
- NAM (Shell and ExxonMobil)
- Tenaz Energy
Tables and charts
This report includes 1 images and tables including:
- Market Oil & Gas Prices
What's included
This report contains:
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