On March 8th 2021 Prime International Oil and Gas Company Limited (PIOGCL), a 50:50 joint venture between Hub Power Holdings Limited (a subsidiary of HUBCO, the largest Independent Pakistani Power Producer) and Eni Pakistan’s Employee Buy-out (EBO) Group, executed definitive agreements with Eni to acquire all upstream operations in Pakistan of Eni and renewable energy assets owned by Eni in Pakistan.
The above transaction was subject to requisite compliance(s) with applicable legal and regulatory processes and approval from the competent authorities, which was achieved in December 2022.
https://www.eni.com/en-IT/media/press-release/2021/03/cs-pakistan-eni-prime-international.html