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Vermilion Energy/Shell E&P Ireland

M/17/049

Completed

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.
Case details
  • Notification date:13 August 2017
  • Publication date:13 August 2017
  • Economic sector:Supply of electricity, gas & other - D
  • Economic sub-sector:Energy & air conditioning supply - D.35
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Monday, 14 August, 2017 Notification received
  • Tuesday, 29 August, 2017 Third party submission deadline
  • Thursday, 21 September, 2017 Determination issued
Parties Involved

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.
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