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ENI acquires Chevron's assets in Indonesia

July 2023

Client(s) ENI S.p.A.

Jones Day is advising Italian oil and gas super-major ENI on its acquisition of Chevron’s interests, including operatorship, in the Indonesia Deepwater Development (IDD) project from Chevron. ENI already has a 20% interest as non-operator in two of the three blocks involved. The closing of the transaction is subject to the customary governmental and regulatory approvals.

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