ADNOC Grants Eni Stakes in UAE Offshore Fields

• Wednesday, 14th March 2018
• by Sarah Samir

The Abu Dhabi National Oil Company (ADNOC) has granted Eni two stakes in the UAE’s offshore concession areas in a $875 million, 40-year deal, the National reported. The Italian oil company won the 10% share in the Nas...

Egypt to Raise up to $150m from the IPO of Enppi

• Sunday, 18th June 2017
• by Dr. Mahinaz El-Baz

Egypt expects to raise up to $150m from the initial public offering of the Engineering for the Petroleum & Process Industries (Enppi) as the government pushes ahead with a plan to sell stakes in state-controlled c...

Chevron to Sell All Gas Stakes in Myanmar

• Tuesday, 19th April 2016
• by Egypt Oil & Gas

US oil and gas major Chevron put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3, would be the biggest deal involving Myanmar assets to date, financial sources familiar wi...

Eni Plans $14b in Cost Cuts, Asset Sales

• Sunday, 20th March 2016
• by Egypt Oil & Gas

Italy’s Eni revealed its intention to cut investments and selling down stakes in oil and gas fields to help it prop up dividends and become a leaner exploration-driven player focusing on gas, according to its 20...