Prime International Oil&Gas Company to acquire Pakistan assets of Eni.

Prime International Oil&Gas Company, a newly established company formed by former Eni’s local employees team and Hub Power Company, agreed to acquire Pakistan assets of Eni, an Italian multinational oil and gas company. Financial terms were not disclosed. This agreement aligns to Eni's wider strategy of reshaping and simplifying the company's portfolio, extracting additional value from its strategic assets and disposing non-core businesses as per its Strategic Plan 2021-2024.