Acquisition and Merger

Eni sells oil assets in Ivory Coast, Congo to Vitol for $1.65 billion

Italian oil firm, Eni

Vitol will acquire stakes in projects in Ivory Coast and the Republic of the Congo for $1.65 billion, though Eni noted that a cash adjustment would be made at closing.

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Eni sells oil assets in Ivory Coast, Congo to Vitol for $1.65 billion

Eni sells oil assets in Ivory Coast, Congo to Vitol for $1.65 billion

Italian oil giant Eni has sold its stakes in key assets in Ivory Coast and the Republic of the Congo to global energy trader Vitol.

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Vitol will acquire stakes in projects in Ivory Coast and the Republic of the Congo for $1.65 billion, though Eni noted that a cash adjustment would be made at closing.

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