Eni, Point Resources Weigh Listing for Var Energi
October 26 2021 - 1:00PM
Dow Jones News
By Mauro Orru
Eni SpA and Point Resources AS are planning to review the
ownership structure of Var Energi, including a potential listing
for the exploration and production company.
The Italian oil-and-gas major said Tuesday that the review would
consider various alternatives including an initial public offering
for Var Energi, of which Eni and Point Resources own 69.85% and
30.15% respectively.
Eni said it would will retain a majority stake in Var Energi,
established in 2018 through the merger of Eni Norge and Point
Resources.
Point Resources is a HitecVision AS portfolio company.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
October 26, 2021 12:45 ET (16:45 GMT)
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