Insight
Corporate week in brief: Eni and OMV diversify with US$5.8 billion UAE downstream deal
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Report summary
Eni and OMV have agreed to buy a combined 35% stake in the UAE’s ADNOC Refining for US$5.8 billion. The deal will materially change each company’s downstream businesses, providing scale and diversity. You can read more on the strategic rationale, together with the following stories: • BHP, Oil Search and Santos report 2018 operational results • CNOOC Ltd emphasises domestic spend in 2019 strategy guidance • BHP and Premier deliver appraisal success in Mexico • ExxonMobil strikes new biofuels partnership
Table of contents
- Lead story: ADNOC, Eni, OMV
- Companies: BHP, Santos, Oil Search, CNOOC Ltd
- Exploration: BHP, Premier
- Energy Transition: ExxonMobil
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Year-on-year change in upstream capital budgets (%)Data dashboard
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