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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ENI Spa | NYSE:E | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.065 | 0.21% | 31.675 | 31.74 | 31.53 | 31.71 | 55,366 | 18:41:28 |
By Mauro Orru
Eni SpA and Point Resources AS are planning to review the ownership structure of Var Energi, including a potential listing for the exploration and production company.
The Italian oil-and-gas major said Tuesday that the review would consider various alternatives including an initial public offering for Var Energi, of which Eni and Point Resources own 69.85% and 30.15% respectively.
Eni said it would will retain a majority stake in Var Energi, established in 2018 through the merger of Eni Norge and Point Resources.
Point Resources is a HitecVision AS portfolio company.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
October 26, 2021 12:45 ET (16:45 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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