News
22 January 2026

SOCAR snaps up stake in Baleine Project

In:
Oil & gas
Region:
Middle East & Africa

Eni has signed a binding agreement with SOCAR, the State Oil Company of the Republic of Azerbaijan, for the sale of a 10% stake in the Baleine Project - the Ivorian main offshore development operated by Eni (47.25%), and participated by Vitol (30%) and Petroci (22.75%).The transaction aligns with...

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