Energy & Petrochemicals #mol#shell
MOL acquires Shell's Aphrodite gas field stake in Cyprus for up to $720m
Hungarian energy group MOL has signed a deal to buy BG Cyprus, Shell's subsidiary holding a 35% non-operated interest in the Aphrodite gas field offshore Cyprus, for up to $720m. The field holds an estimated 104bn cubic metres of contingent gas plus 8m barrels of condensate, with first gas expected in 2031.
Aug 3, 2026 1 source