Hibiscus Petroleum Acquires Malaysia’s Asset and Enters New Vietnam Market

Hibiscus Petroleum has acquired 5 high quality portfolio from the Spanish energy and petrochemical company, Repsol for a total cash consideration of USD212.5 million. Repsol recently announced its intention to sell its Malaysia and Vietnam assets earlier this month for an undisclosed fee. On June 1st 2021, Hibiscus signed a SPA to acquire 100% of Fortuna International Read more…