Eni to Divest 10% Stake in Indonesian Gas Assets to Pertamina

02:18 AM EDT, 10/12/2026 (MT Newswires) -- Italian energy group Eni (ENI.MI) agreed to sell its 10% stake in the production-sharing contracts for East Sepinggan, North Ganal, and Rapak in Indonesia to Pertamina, the country's national energy company. The transaction covers the producing Merakes and East Merakes gas fields, as well as Geng North-Gehem gas discoveries, which are currently being developed through the North Hub gas project, according to a Monday release. Completion remains subject to customary governmental and regulatory approvals.