Eni announces the closing of the acquisition of Neptune Energy Group Limited.

The transaction covers Neptune's entire portfolio, with the exception of its activities in Norway (acquired by Vår Energi, 63% owned by Eni) and its activities in Germany (excluded from the transaction).

The acquisition of Neptune is in line with Eni's strategy of offering affordable, safe and low-carbon energy, criteria guaranteed by natural gas.

The assets acquired include Neptune's interest in Eni's Geng North-1 gas discovery offshore Indonesia, announced in October 2023, and also presents opportunities in CCS (carbon capture and storage).

The transaction has been approved by the competent authorities of the countries involved and by the relevant antitrust regulators.

Copyright (c) 2024 CercleFinance.com. All rights reserved.