Eni Gets $1 Billion From Upstream Asset Sale in Alaska ...Middle East

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Eni Gets $1 Billion From Upstream Asset Sale in Alaska
source : OILPRICE ( Middle East ) () 71
Eni SpA has closed the sale of its upstream assets in Alaska to U.S. privately-owned oil and gas producer Hilcorp for $1 billion as the Italian energy major looks to divest non-core assets. Eni sold 100% of its Nikaitchuq and Oooguruk assets in Alaska after receiving approvals from all relevant authorities, the company said on Monday. The Italian firm will continue to be present in the United States in the upstream of Gulf of Mexico, as well as in energy transition projects in the renewables industry, biofuels, and magnetic fusion. Eni has planned…

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