Apex International Energy的动态

Bluewater sells Apex International Energy after rapid growth in Egypt’s upstream market. Since Bluewater’s initial investment in 2018, Apex has achieved key milestones, including the discovery of oil in its Southeast Meleiha concession in January 2021, which led to first production by August of the same year. The company further strengthened its position in January 2023 by acquiring six concessions in Egypt’s Western Desert from Italian energy giant Eni. In September 2023, Apex also began producing natural gas. Bluewater praised Apex’s leadership team for driving the company’s success. “Roger Plank, Tom Maher, and the entire management team have built Apex into a major player in Egypt’s oil and gas sector,” said Bluewater Partner Salil Oberoi. “We wish them continued success.” Read more: https://lnkd.in/dwnzcW2D #PEInsights #privateequity #exit #energy