Eni signs agreements to sell 10% stake in Indonesia’s Kutei basin assets
E•Eni signed agreements to sell a 10% stake in assets in Indonesia’s Kutei basin. The brief also says Eni sold a 10% stake in the Baleine project as part of its strategy to monetize exploration assets.
1. Asset stake sales
Eni signed agreements to sell a 10% stake in assets in Indonesia’s Kutei basin and sold a 10% stake in the Baleine project as part of its strategy to monetize exploration assets. The brief also says Plenitude’s deconsolidation, a capital increase and new governance will support self-financed growth while reducing the group’s exposure.
