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Mazarine Energy Announces Ownership Transition

The Hague • 31-10-2024

The Hague, The Netherlands, 31 October 2024 – Mazarine Energy B.V. (“Mazarine” or the “Company”), a full-cycle energy company, is pleased to announce the signing of an agreement on a significant ownership transition. Global investment firm Carlyle, who acquired a majority interest in Mazarine in 2016, and venture capital and private equity firm Ramphastos Investments have agreed to sell their stakes in Mazarine to the company’s founder, Edward van Kersbergen. The transaction underscores Edward van Kersbergen’s deep commitment to the long-term success of Mazarine and sets the stage for the company’s continued expansion across Europe and Africa.

Completion of the transaction is subject to certain customary conditions, including regulatory approvals and other closing requirements.

Mazarine, founded in 2013, has established itself as an entrepreneurial leader in the energy sector. Over the past decade, the company has successfully completed exploration, development, production, and decommissioning projects in Tunisia and Romania, while recently expanding its footprint into renewable energy with a solar project in Tunisia. The company’s strong financial performance positions it for sustainable growth both organically and through strategic acquisitions.

The Company is led by an established team with broad management experience, extensive technical expertise, solid industry reputations and strong relationships with industry participants. With this new phase, Mazarine will continue to focus on its growth strategy, exploring new opportunities across its core regions of Europe and Africa, while maintaining its commitment to operational excellence and safety.

Edward van Kersbergen, Founder and CEO of Mazarine Energy, commented on the transaction:
“This is an exciting moment for Mazarine Energy. Carlyle and Ramphastos have been incredible partners throughout our journey, helping us transform from a pure exploration company into a full-cycle energy business. This transaction further strengthens my commitment to driving the next phase of Mazarine’s growth. We have a strong foundation, an experienced management team, and an entrepreneurial culture that thrives on innovation and bold thinking. I am confident that the company is well positioned to take advantage of the growth opportunities that we see in both traditional and renewable energy markets.”

For more information, please visit www.mazarine-energy.com.

Enquiries:
Mazarine Energy

Valery Konyushenko, CFO,                                                                    

Contact Us

PR: Buchanan

Ben Romney

Chris Judd

Barry Archer                                                                                               

+44 (0)207 466 5000 | energy@buchanan.uk.com

                                                                                                                


About Mazarine Energy
Mazarine Energy is a full-cycle energy company engaged in the exploration, development, production of oil and gas assets, with a growing presence in renewable energy. Founded in 2013, the company operates in Europe and Africa, with a strong focus on safety, sustainability, innovation, and operational excellence.

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