Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleEni plans further upstream asset sales after a $1.65 billion deal with Vitol, following interest in Ivory Coast and Congo assets.
RAVENNA (Reuters) - Italy's Eni is considering potential sales of its upstream assets following a recent deal with global energy trader Vitol, Chief Operating Officer for upstream activities Guido Brusco said on Monday.
The executive added that the recent sale of assets in Ivory Coast and Congo "had attracted significant expressions of interest from many investors".
The Italian energy group is "continuing to work on these kinds of deals," he added.
Eni agreed in March to sell stakes in assets in Ivory Coast and the Republic of Congo to Vitol for an aggregate value of $1.65 billion at January 1 2024, with cash adjustment at closing.
(Reporting by Francesca Landini, writing by Cristina Carlevaro, editing by Gavin Jones)
The article discusses Eni's consideration of new upstream asset sales following a deal with Vitol.
The deal involved Eni's assets in Ivory Coast and the Republic of Congo.
Many investors showed significant interest in Eni's assets.
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