Eni, BP in Early-Stage Talks Over Algerian Assets -Reuters
01 June 2021 - 6:35PM
Dow Jones News
--Eni SpA is in early-stage talks with BP PLC to take over the
British oil company's assets in Algeria, Reuters reports, citing
three sources.
--The players are exploring an outright sale or an option for BP
to receive stakes in Eni's assets world-wide, as well as the
creation of a joint venture similar to the Angolan model, according
to the news outlet.
--Eni declined to comment, while BP wasn't immediately available
for comment when contacted by Dow Jones Newswires.
Full story: https://reut.rs/3i6re7O
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
June 01, 2021 04:31 ET (08:31 GMT)
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