Nikaitchuq, Oooguruk purchase from Eni cost Hilcorp $1 billion

Kristen Nelson

Petroleum News

Eni said Nov. 4 that its sale to Hilcorp of 100% of its Nikaitchuq and Oooguruk has closed for a value of $1 billion, adding that the transaction had received approval of relevant authorities, and "is in line with Eni's strategy focused on the rationalization of the upstream activities of rebalancin....

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Regulatory approvals