Carlyle: £743m Acquisition of Oil Giant Energean’s Assets Explained

David Rubenstein, co-chief executive officer of Carlyle Group LP, (Left), and William Conway, co-founder of Carlyle Group LP. PHOTO: Getty Images

Carlyle has announced its acquisition of exploration and production assets in the Mediterranean from Energean for £743 million ($945 million). This strategic move will significantly enhance Carlyle’s portfolio with gas-focused assets in Italy, Egypt, and Croatia. Energean’s CEO, Mathios Rigas, expressed confidence in Carlyle’s ability