One-Page Deal Sheet
JX Nippon Buys North Sea Assets From Eni
JX Nippon Exploration and Production Eni S.P.A
Announced Date
December 20,2012
Close Date
December 20,2012
Transaction Type
Property
Asset/Basin:
{"North Sea"}
Transaction Details: Subscribe to see
JX Nippon Oil and Gas Exploration (President and CEO, Shigeo Hirai) announces that its wholly owned subsidiary, JX Nippon Exploration and Production (U.K.) Limited ("JXNEPUK", President and CEO, Kemmei Nakata), has signed sale and purchase agreements for the acquisition from the Eni group of companies ("Eni") of an extensive portfolio of non-operated oil and gas assets in the UK Continental Shelf (UKCS).
Mr. Hirai said:-
"This is an important contribution to JX's upstream goal of global production of 200,000 barrels of oil equivalent per day by 2020. The acquisition of theseassets gives JX…
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