Vitol to Buy Stakes in Eni’s Upstream Projects in West Africa
OilPrice
MARCH 19, 2025
The worlds largest independent oil trader, Vitol, will buy stakes in some upstream assets in West Africa from Eni for $1.65 Eni has been pursuing in recent years the so-called dual exploration model, under which it sells part of its majority stakes to other companies to fast-track oil and gas discoveries to production.
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