Eni UK, Ithaca Energy Agree to Merge
The merger is expected to potentially give Eni a leading position in the UK continental shelf.
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The merger is expected to potentially give Eni a leading position in the UK continental shelf.
Eni has reached an agreement on the combination of substantially all of its upstream assets in the UK, excluding East Irish…
Transformational combination of substantially all of Eni's UK upstream operations with Ithaca Energy, creating a leading United Kingdom Continental Shelf production and growth company ...
The combination will immediately create an enlarged and stronger combined group with 2024 production greater than 100,000 boed and the underlying potential to organically grow to 150,000 boed by the early 2030s.
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