
MOL Group Agrees to Buy Shell’s BG Cyprus for Up to $720 Million
MOL Group has agreed to acquire Shell’s BG Cyprus Limited for up to $720 million, giving it a 35% interest in the Aphrodite gas field upon completion.

MOL Group has agreed to acquire Shell’s BG Cyprus Limited for up to $720 million, giving it a 35% interest in the Aphrodite gas field upon completion.

Shell has agreed to sell BG Cyprus to MOL Group for up to $720 million, transferring a 35% interest in the Aphrodite offshore gas field. Completion is expected in early 2027.

Aphrodite gas field partners approved FEED for production and export infrastructure, enabling $105.7 million in spending and keeping first gas guidance at 2031.
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