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Joint Venture Of EIG And Noble Bids To Buy Santos Assets

Joint Venture Of EIG And Noble Bids To Buy Santos Assets

Hong Kong commodity trading company Noble Group Ltd. and US private equity firm EIG Global Energy Partners has offered bids for Australian energy company Santos Ltd. assets, said individuals acquainted with the matter. The venture, Harbor Energy Ltd., is seeking to buy Santos assets that are situated in Australia and Asia, said one individual with learning of the procedure. Harbor Energy additionally has talked about other potential exchanges with Santos’ senior administration, the individual said. Particular insights about the assets or their quality weren’t accessible. Two individuals acquainted with the sale said assets Santos is selling incorporate a bundle of…

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