BR100 Increased By (0.87%)
BR30 Increased By (0.64%)
KSE100 Increased By (0.49%)
KSE30 Increased By (0.48%)
BECO 5.63 Decreased By ▼ -0.01 (-0.18%)
BML 59.11 Decreased By ▼ -0.50 (-0.84%)
BOP 36.05 Decreased By ▼ -0.07 (-0.19%)
CNERGY 8.49 Decreased By ▼ -0.01 (-0.12%)
DCL 11.97 Increased By ▲ 0.25 (2.13%)
FCCL 58.10 Decreased By ▼ -0.37 (-0.63%)
FCSC 5.56 Increased By ▲ 0.19 (3.54%)
FFL 18.42 Increased By ▲ 0.12 (0.66%)
FNEL 1.33 Increased By ▲ 0.01 (0.76%)
HUMNL 11.45 Decreased By ▼ -0.10 (-0.87%)
KEL 8.42 Increased By ▲ 0.06 (0.72%)
KOSM 6.92 Increased By ▲ 0.44 (6.79%)
MLCF 103.00 Increased By ▲ 4.25 (4.3%)
NBP 208.00 Increased By ▲ 1.08 (0.52%)
PACE 11.64 Decreased By ▼ -0.03 (-0.26%)
PAEL 43.69 Increased By ▲ 0.74 (1.72%)
PIAHCLA 27.00 Decreased By ▼ -0.34 (-1.24%)
PIBTL 18.40 Decreased By ▼ -0.03 (-0.16%)
PPL 250.03 Increased By ▲ 4.45 (1.81%)
PRL 36.76 Decreased By ▼ -0.42 (-1.13%)
PTC 66.91 Decreased By ▼ -0.34 (-0.51%)
SEARL 96.10 Decreased By ▼ -0.21 (-0.22%)
SSGC 30.59 Decreased By ▼ -0.82 (-2.61%)
TELE 9.34 Decreased By ▼ -0.20 (-2.1%)
THCCL 69.05 Increased By ▲ 1.04 (1.53%)
TPLP 11.03 Decreased By ▼ -0.14 (-1.25%)
TREET 26.62 Decreased By ▼ -0.12 (-0.45%)
TRG 69.90 Decreased By ▼ -0.06 (-0.09%)
WAVES 11.25 Decreased By ▼ -0.02 (-0.18%)
WTL 1.32 Increased By ▲ 0.03 (2.33%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Print Print edition: 2021-03-09

Agreements executed: Hub Power acquires upstream operations of Eni

Published March 9, 2021 Updated March 9, 2021 05:45am
Save
1 min
comment
By Recorder Report
Add BRecorder as a trusted
source on Google
Google Preferred Source

KARACHI: Hub Power Holdings Limited, a wholly owned subsidiary of The Hub Power Company Limited (Hubco) together with Eni’s local employees (in a 50:50 joint venture) has executed definitive agreements to acquire all the upstream operations in Pakistan of ENI and renewable energy assets owned by ENI in Pakistan. Eni is a global energy company, which has been operating in Pakistan since the year 2000 in the exploration and production sector.

The above transaction is subject to requisite compliance (s) with applicable legal and regulatory processes and approval from competent authorities, material information sent to Pakistan Stock Exchange on Monday said.

Copyright Business Recorder, 2021

Pakistan Stock Exchange Eni

Comments

Comments are closed for this article.

More Stories

Browse all stories