Exploration & Production

RockRose Energy completes acquisition of Dyas assets

UK-based RockRose Energy has completed its acquisition of Dyas’s portfolio in the North Sea for €107 million
By Staff reporter 2 October 2018 0 32748

UK-based RockRose Energy has completed its acquisition of Dyas’s portfolio in the North Sea for €107 million ($123.5 million), the companies said this week.

Dyas – a subsidiary of SHV Holdings, which is based in the Netherlands – said it would refocus its upstream North Sea investments towards assets off the UK, Norway and Denmark.

RockRose said in May that the acquisition would add a further 13 million barrels of oil equivalent of net developed reserves and more than 5,000 barrels of oil equivalent...