Eni sells $300m non-core Congo oil permits to Perenco for strategic focus on key projects.
Eni has completed the $300m sale of non-core upstream oil permits in Congo to Perenco, focusing on major developments. The Italian energy giant, which has operated in Congo for over 50 years, is committed to developing the country's gas resources, such as the Congo LNG project, and supporting its clean energy transition. The divestment aligns with Eni's strategy to concentrate its upstream activities on key development projects.
March 12, 2024
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