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E ENI Spa

31.20
0.03 (0.10%)
03 Jul 2024 - Closed
Delayed by 15 minutes
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
  0.03 0.10% 31.20 31.30 31.18 31.19 68,294 22:00:00

Eni Revokes Force Majeure Status on Three Exploration Assets in Libya

03/08/2023 12:12pm

Dow Jones News


ENI (NYSE:E)
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From Jul 2023 to Jul 2024

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   By Giulia Petroni 
 

Italian oil-and-gas major Eni has revoked a force majeure status declared in 2014 on three exploration assets in Libya and said it will resume activities in the area.

The move follows an assessment of security conditions in the areas where the exploration program will be carried out, the company said on Thursday.

Eni operates the onshore and offshore exploration areas with a 42.5% stake, along with BP and the Libyan Investment Authority. Production activities are operated through a joint venture between Eni and Libya's National Oil Corporation called Mellitah Oil and Gas.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

August 03, 2023 06:57 ET (10:57 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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