- 7 Dec 2017 7:56 AM
The value of the transaction is estimated to be hundreds of millions of dollars.
The energy company entered the UK production market on the North Sea at the end of 2013.
The Hungarian oil giant has put a $375 million price tag on its UK portfolio.
MOL has a 50% stake in the Scolty-Crathes field and a 20% stake in the Catcher field.
Source: Hungary Around the Clock
This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.