Eni Sells 20% Stake in Indonesian Offshore Area to Neptune
July 26 2019 - 4:43AM
Dow Jones News
By Nathan Allen
Eni SpA (ENI.MI) said Friday that it has sold a 20% stake in
Indonesia's East Sepinggan contract area to Neptune Energy for an
undisclosed amount.
East Sepinggan is located in waters off Indonesia's East
Kalimantan province and includes the Merakes development and
Merakes East discovery, Italy's Eni said.
Eni and Neptune Energy are already partners on a separate
offshore field in the same region.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 26, 2019 04:28 ET (08:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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