OPERATIONS

Eni and PETRONAS confirm creation of Asian energy powerhouse

To combine upstream assets in Indonesia and Malaysia

Colin Sandell-Hay

PETRONAS and Eni have signed an MoU

PETRONAS and Eni have signed an MoU | Credits: Shutterstock/hkhtt hj/Petronas/Eni.

European energy giant Eni and Malaysia's PETRONAS have signed an exclusive Memorandum of Understanding (MoU) to establish a joint venture holding company to oversee selected upstream assets in Indonesia...

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