ROME, June 27 (Reuters) - Italy's Eni said on
Thursday it had signed a binding agreement to sell its
Nikaitchuq and Oooguruk upstream offshore assets in Alaska to
U.S. private company Hilcorp.
The value of transaction will be announced at closing, the
Italian energy group said.
"This transaction is consistent with Eni's strategy focused
on the rationalisation of the upstream activities by rebalancing
its portfolio," it added in a statement.
Eni aims to raise 8 billion euros ($8.56 billion) in net
proceeds by the end of 2027 by selling upstream assets, reducing
ownership in exploration discoveries and tapping new investors
to fund the growth of its low-carbon units.
Eni acquired full control of the Oooguruk oilfield in
2019, when it bought from Caelus Natural Resources Alaska LLC
the 70% of the asset it did not already own.
The field, located in the Beaufort Sea approximately 5
kilometres off Alaska's North Slope coast, has been in
production since 2008.
The Nikaitchuq offshore oilfield is approximately 13
kilometres northeast of Oooguruk.
With these move Eni will significantly reduce its
presence in the region where it was mainly producing oil.
($1 = 0.9351 euros)