Eni Signs Contract to Explore Block in Onshore Albania
December 20 2019 - 6:03AM
Dow Jones News
By Cristina Roca
ENI SpA (ENI.MI) said Friday that it has signed a production
sharing contract to explore an onshore block in Albania.
Eni will have a 100% equity interest in the Dumre Block, which
in a "proven" hydrocarbon area with good oil prospectivity, the
Italian energy company said.
This marks Eni's re-entry in the country after 20 years, the
company said. Financial details weren't disclosed.
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
December 20, 2019 05:48 ET (10:48 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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