European Energy Giants Spin Off Independent Producers to Optimize Portfolios

Major oil companies are increasingly forming jointly owned independent entities to manage assets efficiently while maintaining strategic influence over upstream operations.

30 Aug, 04:00 — 30 Aug, 04:00

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FTVery High2d ago

‘SmashCos’: Europe’s oil majors create new generation of independent companies

Jointly owned independent oil and gas producers are an increasingly important part of the biggest players’ strategies

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European Energy Giants Spin Off Independent Producers to Optimize Portfolios

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‘SmashCos’: Europe’s oil majors create new generation of independent companies

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