Eni

...the mechanism for paying for the oil produced. In the light of the massive lump sum from Eni, it is now unnecessary, although the company will continue its exploration in the region. Analysts supported the Eni deal yesterday. Peter...

In this article: Heritage Oil, Simon Mann, Uganda, and Cash flow

Eni to buy Heritage Oil's Ugandan interests for $1.5bn Italian energy giant Eni has agreed to buy Heritage Oil's Ugandan interests for up to $1.5bn (GBP903m), after the UK group walked away from a merger with Turkey's Genel. Eni has...

In this article: Tullow Oil, Revenue, Uganda, Lake Albert, Kurdistan, and Turkey

...in Uganda for as much as $1.5 billion. Eni /quotes/comstock/13*!e/quotes/nls/e (E 50.23, -1.12, -2.18%) /quotes/comstock/23g!eni (IT:ENI 17.09, +0.24, +1.42%) will pay $1.35 billion in cash, plus either another $150 million of cash or a...

In this article: Uganda, Kurdistan, Market capitalization, Tullow Oil, RBC Capital Markets, and Lake Albert

...(AP) - British oil exploration company Heritage Oil PLC said Monday it has agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up to $1.5 billion. Heritage said it had signed a binding letter of intent to sell its 50...

In this article: Eni SpA, Italy, London Stock Exchange, London, Turkey, and Nigeria

...company Saipem <SPMI.MI>, which is controlled by Eni. Saipem has considerable experience in pipelines and often works closely with Eni. Eni will pay $1.35 billion upfront and a further $150 million in cash or a stake in a producing oil...

In this article: Saipem, Morgan Stanley, Lake Albert, Kurdistan, Revenue, Capital expenditure, Heritage Oil, and Burren Energy

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In this article: MarketWatch and Uganda

* Genel merger talks abandoned UK-explorer Heritage Oil <HOIL.L> said it had agreed to sell its Ugandan interests to Italy's Eni <ENI.MI> for up to $1.5 billion as the Italian oil major continues to build its presence in Africa through...

In this article: Turkey, Iraq, Africa, Baghdad, Italy, and UK

...and production group, will reveal that it is selling its half-share of two sites at a basin in north-west Uganda to Italian energy giant Eni for more than GBP1bn. FTSE 100 company Tullow Oil owns the other half of the sites, at the Lake...

In this article: Heritage Oil, London Stock Exchange, Executive Outcomes, Tullow Oil, Turkey, and Uganda

...Julie Crust British oil explorer Heritage Oil <HOIL.L> <HOC.TO> is in talks to sell its Ugandan assets to Italian oil group Eni SpA <ENI.MI> for between $1.3-1.5 billion, a person familiar with the matter said on Sunday Talks are continuing...

In this article: Eni SpA, Uganda, The Sunday Times, Tullow Oil, Africa, Turkey, and Democratic Republic of Congo