Eni Signs Two MoU's in Kazakhstan

Date : 06/11/2019 @ 6:01PM
Source : Dow Jones News
Stock : Eni (ENI)
Quote : 14.11  -0.11 (-0.77%) @ 12:35AM
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Eni Signs Two MoU's in Kazakhstan

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By Olivia Bugault

 

Italy's ENI SpA (ENI.MI) said Tuesday that its subsidiary Agip Caspian Sea BV has signed an upstream oil-and-gas collaboration deal in Kazakhstan, and another agreement covering cultural initiatives in the country.

Eni didn't disclose the financial details of either deal.

The first memorandum of understanding was signed with Kazakhstan's state-owned oil-and-gas company, KazMunayGas JSC, and aims to expand technological cooperation in upstream oil-and-gas exploration and production, the Italian company said.

The second MoU was signed with the Italian embassy in Kazakhstan and L.N. Gumilyov Eurasian National University, and seeks to promote Italy's language and culture in the country, Eni said.

 

Write to Olivia Bugault at olivia.bugault@dowjones.com

 

(END) Dow Jones Newswires

June 11, 2019 05:46 ET (09:46 GMT)

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