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Corporate week in brief: Eni and OMV diversify with US$5.8 billion UAE downstream deal

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28 January 2019

Corporate week in brief: Eni and OMV diversify with US$5.8 billion UAE downstream deal

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

Tables and charts

This report includes 2 images and tables including:

  • Year-on-year change in upstream capital budgets (%)
  • Data dashboard

What's included

This report contains:

  • Document

    Corporate week in brief: Eni and OMV diversify with US$5.8 billion UAE downstream deal

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