Eni SpA plans to sell a €1bn stake in its Ivory Coast upstream operations, including the Baleine oil & gas field.
Italian oil company, Eni SpA, plans to sell a €1bn ($1.1bn) stake in its Ivory Coast upstream operations, including the Baleine oil & gas field. Working with advisers like Standard Chartered Plc, Eni is considering selling up to 30% of the business. This move aligns with Eni's strategy to raise €8bn from asset disposals, aiming for a satellite model of separating divisions and partnering with external investors.
June 19, 2024
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