Ithaca Energy signs £754m all-stock deal to acquire Eni’s UK upstream assets

Ithaca Energy signs £754m all-stock deal to acquire Eni’s UK upstream assets

Ithaca Energy has finalized an agreement to acquire the majority of Eni’s upstream assets in the United Kingdom in a substantial all-stock transaction valued at approximately £754 million. This deal strategically excludes Eni’s East Irish Sea assets and its carbon capture, utilization, and storage (CCUS) activities in the UK. Through this acquisition, Ithaca Energy will […]