EnergyWatch

Merger creates new oil major on Norwegian shelf

Italien energy company Eni merges its Norwegian business with oil company Point Resources AS to create a new major player on the Norwegian shelf.

Photo: Point Resources AS

A new major player enters the Norwegian oil market.

Italy's Eni and equity fund HitecVision have agreed to merge Eni's Norwegian business with the fund's oil company Point Resources AS, according to a press release.

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