Delta Hydrocarbons Raises $750 Million

Delta Hydrocarbons, a Dutch oil and gas exploration and production startup, has raised $750 million from 3i Group, Dyas BV and Upstream Capital Partners ($250m per firm). Delta is still seeking an additional $250 million. It was founded by Walter van de Vijver, former CEO of Shell Exploration & Production, and Maarten Scholten, former head of M&A at Schlumberger.