M/17/049 – Vermilion Energy / Shell E&P Ireland
Transaction details
The proposed acquisition by Vermilion Energy Inc., through its wholly-owned indirect subsidiary Vermilion Oil and Gas Ireland Limited, of the entire issued share capital and thus sole control of Shell E&P Ireland Limited, from CPP Investment Board Europe S.ár.l., has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday August 14, 2017 | Thursday, September 21, 2017 |
| Parties Involved | Business activities |
|---|---|
| Vermilion Energy | Vermilion Energy 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 and Vermilion Energy Ireland Limited. |
| Shell E&P Ireland Limited | SEPIL is a private limited company, currently part of the Shell Group but following its proposed acquisition in M/17/038 will be controlled by CPP Investment Board Europe. SEPIL owns part of and is currently operator of the Corrib Gas Field. |
| Economic sector | Media merger |
|---|---|
| Natural Gas | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, August 29, 2017 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Tommy Burke | Tel: (+353)1 402 5503 e-mail: tommyburke@ccpc.ie |
Media enquiries: MKC Communications: 01 703 8600
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