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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Essenden | LSE:ESS | London | Ordinary Share | GB00B64FXD65 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 80.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
French utility GDF Suez (GSZ.FR) Monday unveiled a deal with Dutch peer Essent NV to supply it with natural gas directly from a North Sea field in which it has a stake.
GDF Suez and Swedish independent oil and gas company Lundin Pertoleum AB (LUPE.SK) are to sell their shares of the field's natural gas output to Essent once the E17-A field in the Dutch North Sea comes on line at the end of 2009, the three companies said in a joint statement.
A GDF Suez spokesman said the deal, which will run for around eight years, allows the company to sell all of the gas from its 34.7% share of the field's output in one go and gives it long-term visibility on revenues.
-By Adam Mitchell, Dow Jones Newswires; +33 1 40171756; adam.mitchell@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary. You can use this link on the day this article is published and the following day.
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