On October 12, Italian energy company ENI Group announced that it has signed two binding agreements to sell its interests in some of Indonesia's upstream oil and gas assets to Indonesian National Petroleum Company Pertamina and Southeast Asian energy company Medco, respectively. ENI will sell 10% of its interest in the three production sharing contract blocks of East Sepinggan, North Ganal, and Rapak to Pertamina, and sell 10% of its interest in the West Ganal, East Ganal, Ganal, and Muara Bakau blocks to Medco.

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