- The transaction is a further step in Moeve’s Positive Motion strategy to transform into a leading European provider of green molecules this decade
The divestment follows the sale of Moeve’s E&P assets in Colombia and Peru in 2024 and in Abu Dhabi in 2023, in line with the Company’s 2030 Positive Motion strategy to transform this decade into a company that generates more than 50% of its EBITDA from sustainable activities such as green hydrogen, green hydrogen derivatives and second-generation biofuels. Moeve has sold 70% of its oil production portfolio since 2022.
