Eni announces the entry of Mubadala Petroleum and BP as new partners in Nour concession in Egypt

Egyptian Government approval for the sale of a 20% interest to Mubadala Petroleum and a 25% interest to BP out of Eni’s share in the Nour North Sinai Offshore exploratory concession has been granted. The approval follows the signing of Farm Out Agreements with Mubadala Petroleum in November and BP in early December respectively. This transaction is part of a wider business alignment with BP internationally and further strengthens the relationship with Mubadala Petroleum in Egypt.