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Repsol to Combine U.K. North Sea Upstream Business With NEO Energy
Repsol to Combine U.K. North Sea Upstream Business With NEO Energy · The Wall Street Journal

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Repsol said it has reached a deal to consolidate its U.K. North Sea upstream business with NEO Energy in a share-for-share combination. Repsol will own 45% of the venture and NEO will own the other 55%. It will be led by a joint executive team, Repsol said.