Search

ENI to Sell 30% Stake in Ivorian Exploration Operations for €1 Billion

Allen dreyfus Logo
© Allen Dreyfus
  • ENI aims to raise €1 billion by selling a 30% stake in its Ivorian exploration operations
  • The move is part of an €8 billion diversification strategy targeting global operations

 

Paris, France – Italian energy giant ENI is planning to sell a 30% stake in its exploration operations in Cote D’Ivoire, seeking to raise €1 billion as part of its €8 billion target to diversify its global operations, according to local reports.

You need an active subscription to continue reading this article.

Recent Business

mustafa-omar-Zkao_QBEjk8-unsplash
Kenya raises $347m via debut infrastructure sukuk for Talanta Stadium
Read More »
Allen dreyfus Logo
CEMAC cuts 2025 growth forecast to 2.4% as oil output falls
Read More »
Breaking News
Senegal slashes oil revenue forecast by 60% through 2028
Read More »

Recent Politics

Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »
bernd-dittrich-yfQfmji31fY-unsplash
Afreximbank warns of trade risks and openings as global fault lines shift
Read More »

Latest Posts

Latest news insights