Brief: Eni Signs Two Agreements For Sale Of Stakes In Selected Upstream Assets In Indonesia
BRIEF-Eni Signs Two Agreements For Sale Of Stakes In Selected Upstream Assets In Indonesia Oct 12 (Reuters) - Eni SpA ENI.MI:
ENI SIGNS TWO AGREEMENTS FOR SALE OF STAKES IN SELECTED UPSTREAM ASSETS IN INDONESIA
ENI WILL SELL ITS 10% INTEREST IN EAST SEPINGGAN, NORTH GANAL, AND RAPAK PSCS TO PERTAMINA, INDONESIA’S NATIONAL ENERGY COMPANY
ASSETS INCLUDE PRODUCING MERAKES AND EAST MERAKES GAS FIELDS, AS WELL AS GENG NORTH–GEHEM GAS DISCOVERIES
ENI WILL SELL ITS 10% INTEREST IN THE WEST GANAL, EAST GANAL, GANAL AND MUARA BAKAU PSCS TO MEDCO
ASSETS INCLUDE PRODUCING JANGKRIK FIELD; THE MAHA, GENDALO AND GANDANG GAS PROJECTS, AND RECENTLY ANNOUNCED GELIGA GIANT GAS DISCOVERY
COMPLETION OF BOTH TRANSACTIONS IS SUBJECT TO CUSTOMARY GOVERNMENTAL AND REGULATORY APPROVALS
Further company coverage: ENI.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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