Repso is in negotiations to merge its UK North Sea operations with NEO Energy, a company backed by private equity, reported Reuters
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Spain's Repsol is reported to be in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, according to a Reuters report. It would be the latest consolidation effort by companies that operate in the basin amid greater tax pressures.
Repso is in negotiations to merge its UK North Sea operations with NEO Energy, a company backed by private equity, reported Reuters
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