Verus Petroleum announces $400m acquisition of North Sea operator Cieco
Verus Petroleum acquisition of Cieco : Scottish oil and gas company Verus Petroleum, has signed a $400 million Sale & Purchase Agreement (SPA) with Japanese commodity trading house Itochu to acquire its subsidiary Cieco Exploration & Production (UK). Verus Petroleum acquisition of Cieco will see the Scottish oil and gas company get a stake of […]