Italian oil giant Eni is planning to divest over $4 billion in upstream assets, with Indonesia and Cyprus among those potentially targeted, Bloomberg reported on Monday, citing unnamed sources. Eni is seeking to divest a total of 8 billion euros, or over $4 billion in upstream assets over the next three years, Bloomberg reported, with divestments potentially including both smaller projects that could be scooped up by local buyers, or stakes in larger projects. Eni did not comment on the report for Bloomberg. The Bloomberg report…
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