||This article needs more links to other articles to help integrate it into the encyclopedia. (October 2015) (Learn how and when to remove this template message)|
Melrose Resources plc was a Scottish oil and gas exploration and production business. Its activities focused on Egypt, France, Turkey and the United States.
The Company was formed in 1992 by Robert Adair to exploit international oil opportunities. It was first listed on the London Stock Exchange in 1999. In 2006 the company acquired Merlon Petroleum, an oil business with which it shared interests in Egypt.
In October 2012, Melrose Resources merged with Dublin-based Petroceltic International plc in a share for share deal worth $222m, this added new exploration assets in Algeria, Kurdistan and Italy to the existing Melrose portfolio and formed a full cycle oil and gas exploration and production company. The expanded company, Petroceltic International is headquartered in Dublin.
|This article about a company of Scotland is a stub. You can help Wikipedia by expanding it.|
|This article related to Edinburgh, Scotland, is a stub. You can help Wikipedia by expanding it.|