Eni SpA, Italy’s biggest energy company by market
value, said Thursday it has signed two partnership deals with Colombian state-
its assets in the American continent.
In a statement, Eni said the first deal will allow
Eni’s current U.S. Gulf of
Colombian company a 20%-25% working interest in at least five wells to be
drilled by the end of 2012.
The second agreement is a memorandum of understanding aimed at boosting
cooperation between then two companies. A joint team will be set up to assess
further farm opportunities for
Latin American countries. (Dow Jones)