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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Eni Spa | BIT:ENI | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.058 | 0.38% | 15.238 | 15.20 | 15.244 | 15.27 | 15.126 | 15.182 | 5,040,145 | 17:00:00 |
From May 2023 to May 2024
By Adria Calatayud
Eni has made a significant natural-gas discovery in an offshore project in Indonesia, which the company said has potential to contribute to the creation of a new production hub.
The Italian energy company said Monday that preliminary estimates from the Geng North-1 exploration well in the North Ganal production sharing contract indicate a total discovered volume of 5 trillion cubic feet.
Eni operates the North Ganal block and holds a 50.22% participating interest, with Neptune Energy and Agra Energi I Pte as partners with stakes of 38.04% and 11.74%, respectively. Eni said completion of its recent deal to buy Neptune Energy will strengthen its position in the project.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
October 02, 2023 03:15 ET (07:15 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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