Ithaca Energy deals exclusively with Eni for upstream in GB. Energia & Energie.
(ANSA) Ithaca energy, a leading independent oil and gas operator in the UK North Sea, today announces that it has entered into an exclusivity agreement. Eni will contribute its UK operations in exchange for the issue of new shares in Ithacas Energy. The expectation is that Eni would hold between 38% and 39% of the expanded share capital of IthACA Energy following completion.