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Announced

Hilcorp to acquire Nikaitchuq and Oooguruk assets from Eni.

Synopsis

Hilcorp, an energy exploration and production company, agreed to acquire Nikaitchuq and Oooguruk assets from Eni, a multinational energy company. Financial terms were not disclosed. This transaction is consistent with Eni's strategy focused on the rationalization of the upstream activities by rebalancing its portfolio and divesting non-strategic assets.

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