Upstream business Viaro Energy has bought the Dutch portfolio of Hague and London Oil (HALO) for an undisclosed sum.
A spokesman for London-headquartered Viaro said the package was a good fit with its existing assets in the Netherlands.
The firm is part of commodities trader Viaro Group, owned by businessman Francesco Mazzagatti.
It has been on the acquisition trail in recent times, having made a £250 million swoop for RockRose Energy in July 2020.