Assessment of Options for Eni's Stake in Saipem Put on Hold

Source: www.gulfoilandgas.com 12/11/2014, Location: Europe

Last July Eni introduced a new organizational structure with even greater focus on the oil & gas business. In this context, the shareholding in Saipem has been identified as no longer in line with the strategic objectives of the Group.

Following this decision, Eni had started an assessment of a range of options for its stake in Saipem with the support of a financial advisor. Recently, market conditions have become increasingly volatile. This has led Eni to put on hold this assessment whilst still confirming the above strategy.


Canada >>  8/15/2022 - Pembina Pipeline Corporation ("Pembina" or the "Company") is pleased to announce that it has completed its previously announced joint venture transact...
United States >>  8/15/2022 - VAALCO Energy, Inc., a Delaware corporation ("VAALCO"), announced that its Board of Directors has set the record date for a special meeting of its sto...

United States >>  8/15/2022 - Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client PGH Petro...
Australia >>  8/11/2022 - Santos has acquired Hunter Gas Pipeline Pty Ltd which owns an approved underground gas pipeline route from Wallumbilla in Queensland to Newcastle in N...

Nigeria >>  8/11/2022 - Seplat Energy has become aware of a news report that Ministerial Approval of the Company's proposed acquisition of the entire share capital of Mobil P...
United States >>  8/11/2022 - Kinder Morgan, Inc. has closed on the acquisition of North American Natural Resources, Inc. (NANR) and its sister companies, North American Biofuels, ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.