Eni Completes Sale of Alaska Oil Fields: Sold to Hilcorp for $1 Billion
Eni Completes Sale of Alaska Fields, a $1 billion deal. On Monday, November 4, the company led by Claudio Descalzi announced the completion of the agreement for the sale to Hilcorp of 100% of the assets of Nikaitchuq and Oooguruk held in Alaska for a value of 1 billion dollars.
Eni completes $1B sale of Alaskan upstream assets to Hilcorp
Eni (NYSE:E) said Monday it completed the sale of its Nikaitchuq and Oooguruk Alaska offshore oilfields to Hilcorp for $1B. The Italian company said it is seeking to raise €8B in net proceeds during 2024-27 by selling upstream assets,
Eni pockets $1 billion from Alaska upstream assets sale
Italian energy giant Eni secures $1 billion from selling Alaskan assets, advancing its €8 billion target by 2025. Discover their strategic shift.
Hilcorp closes Alaska asset deal with Eni for $1 billion
Hilcorp Energy closed its deal to acquire interests in Alaska from Eni in a deal valued at $1 billion, the seller said Nov. 4.
European giant completes $1 billion sale of US assets
Italian energy giant Eni has closed the $1 billion sale of its Nikaitchuq and Oooguruk assets in Alaska, in the US, to Hilcorp.
Eni Completes Sale of Upstream Assets in Alaska to Hilcorp
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Eni announces completion of sale of Alaska upstream assets to Hilcorp
Eni has announced that it has achieved the closing for the sale to Hilcorp of 100% of the Nikaitchuq and Oooguruk assets owned in Alaska for a value of US$1 billion.
Hilcorp Energy completes $1 billion acquisition of Alaskan assets as supermajor exits
Meanwhile, Hilcorp has been notably growing its Alaskan footprint. Hilcorp previously bought out all of London-based BP PLC’s (NYSE: BP) Alaska arm in 2020 for $5.6 billion. Hil
Alaska Gov. Dunleavy attends Trump fundraiser co-hosted by Hilcorp billionaire
Alaska Republican Gov. Mike Dunleavy attended an oil industry fundraiser for former President Donald Trump in Texas earlier ...
San Juan Basin Royalty Trust Declares No Cash Distribution for October 2024 and Announces Production Costs in Excess of Proceeds
San Juan Basin Royalty Trust Declares No Cash Distribution for October 2024 and Announces Production Costs in Excess of ...
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Eni Finalizes $1 Billion Sale of Alaskan Oil Assets to Hilcorp, Strengthens Focus on Core Portfolio and Energy Transition
Eni has completed the sale of its Alaskan oil assets, Nikaitchuq and Oooguruk, to Hilcorp for $1 billion. This divestment ...
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Hilcorp Fined $9.4 Million for New Mexico Methane Emissions
Hilcorp Energy Co., the privately held oil producer run by billionaire Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New ...
Petroleum News5d
Assignment of Eni leases to Hilcorp approved effective 11/1
The sale of Eni's interests in Alaska to Hilcorp appears to be advancing. The Alaska Department of Natural Resources' Division of Oil and Gas issued an assignment approval Oct. 30 transferring the ...