Ping up for sale, says report

摘要

Private player Ping Petroleum, which has assets in the UK North Sea and its largest shareholder is a Malaysian company, is up for sale, according to a report. Jefferies International has been hired to find a buyer for the company that owns a 50% stake in the Anasuria Cluster of oil fields in the UK North Sea, which it acquired from Shell together with Hibiscus Energy for US $105m in 2015, reported Malaysia’s business website The Edge Markets. The Anasuria Cluster consists of the Teal, Teal South, Guillemot and Cook fields. These produce via the Anasuria FPSO, and is operated by Anasuria Operating Company (AOC), which is jointly owned by Ping and Hibiscus.