Tag Archives: oil and gas divestment

Eni Optimises Upstream Portfolio With Partial Divestment of Baleine Project

(IN BRIEF) Eni has signed a binding agreement with SOCAR for the sale of a 10 percent stake in the Baleine offshore project in Côte d’Ivoire, while retaining operatorship and a 47.25 percent interest. The transaction aligns with Eni’s dual … Read the full press release

BASF Finalises $11.2 Billion Transfer of Wintershall Dea’s Global E&P Business to Harbour Energy Ahead of Schedule

(IN BRIEF) BASF has completed the sale of Wintershall Dea’s international E&P operations, excluding Russia, to Harbour Energy plc ahead of schedule after securing all regulatory approvals. The $11.2 billion deal includes cash payments, Harbour shares, and the transfer of … Read the full press release