Eni (E) enters the Liberia market with the acquisition of stakes in three offshore exploration...

|By:, SA News Editor

Eni (E) enters the Liberia market with the acquisition of stakes in three offshore exploration blocks as part of its strategy of expanding in sub-saharan Africa. The JV is now made up of Chevron with a 45% stake, while Oranto Petroleum holds 30% and Eni the remaining 25%.