Italian oil and gas firm Eni sells Nikaitchuq and Oooguruk assets in Alaska to US company Hilcorp.

Eni, an Italian oil and gas firm, signed a deal with US private company Hilcorp, experts in Alaska, to sell its entire stake in Nikaitchuq and Oooguruk assets in Alaska. This aligns with Eni's strategy to divest non-strategic assets and contributes to a €8bn portfolio inflow by 2027. Deal completion relies on regulatory approvals and standard conditions, with the value disclosed upon completion.