M/21/075 – Vermilion/ Equinor Energy
Transaction details
The proposed acquisition by Vermilion Oil and Gas Ireland Limited of the entire issued share capital of Equinor Energy Ireland Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday December 20, 2021 | Wednesday, January 26, 2022 |
| Parties Involved | Business activities |
|---|---|
| Vermilion Oil and Gas Ireland Limited | Vermilion Oil and Gas Ireland limited is ultimately controlled by Vermilion Energy Inc. which is a Canadian based oil and gas producer listed on the Toronto and New York Stock Exchanges. The Vermilion Group is active in the State in the Corrib Gas Field through Vermilion Oil and Gas Ireland Limited, Vermilion Energy Ireland Limited and Vermilion Exploration and Production Ireland Limited |
| Equinor Energy Ireland Limited | Equinor Energy Ireland Limited is active the production and wholesale of natural gas in Ireland and holds an interest in the Corrib Gas Field. Equinor Energy Ireland Limited is a wholly owned subsidiary of Norway headquartered oil and gas producer Equinor ASA. |
| Economic sector | Media merger |
|---|---|
| Energy and Utilities | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, January 4, 2022 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Lewis O Shea | lewisoshea@ccpc.ie |
| Beverley Williamson | beverleywilliamson@ccpc.ie |
Media enquiries: communications@ccpc.ie
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