LONDON, Oct 31 - Private equity giant Carlyle Group ( CG ) has

sold its majority holdings in Tunisia-focused oil and gas

producer Mazarine Energy to the company's CEO Edward van

Kersbergen, Mazarine said on Thursday.

Carlyle International Energy Partners, the fund's non-U.S.

energy investment arm, invested in Mazarine in 2016 as one of

several of the fund's investments in oil and gas companies

following the 2014 oil price crash. Private equity firm

Ramphastos will also sell its stake in Mazarine to van

Kersbergen.

"The transaction underscores Edward van Kersbergen's deep

commitment to the long-term success of Mazarine and sets the

stage for the company's continued expansion across Europe and

Africa," Mazarine said.

The company, which operates in Tunisia and Romania, did not

disclose the terms of the deal.

Carlyle in recent years sold several of its investments

including North Sea producer Neptune Energy and Gabon-focused

Assla Energy.