Offshore staff
AMSTERDAM, the Netherlands – Oranje-Nassau Energie (ONE) and SHV Holdings have agreed to merge their North Sea upstream energy businesses into a combined entity called ONE-Dyas.
Dyas head Robert Baurdoux will be CEO, supported by Alexander Berger (the current ONE CEO) as executive director, and Chris de Ruyter van Steveninck of ONE as CFO.
The new company will have projected gas and oil production in 2019 of around 35,000 boe/d, and will seek further growth opportunities, with financing available to fund the growth ambitions.
ONH, the parent company of ONE, will own 51% of ONE-Dyas and SHV 49%.
Subject to regulatory approvals the merger should be completed during the first half of 2019.
01/02/2019
