[Decision Summary] Approval of Joint Venture between Eni Abu Dhabi and PTTEP MENA
The Polish Competition Authority has approved the formation of a joint venture between Eni Abu Dhabi B.V. and PTTEP MENA Limited, allowing both companies to collaborate in the market without any imposed conditions.
01.02.2026 | Polish Competition Authority (DKK)
The Polish Competition Authority (UOKiK) issued Decision No DKK-26/2026 on February 2, 2026, approving the merger between Eni Abu Dhabi B.V., based in Amsterdam, Netherlands, and PTTEP MENA Limited, based in Hong Kong, China. This decision follows an antitrust investigation initiated at the request of the two companies.
The joint venture will be established in Amsterdam, Netherlands, and the decision was made without the need for further justification, as it fully aligns with the requests of the parties involved. The authority noted that the decision does not resolve any disputes between the parties and was not issued as a result of an appeal.
As per Polish law, the decision can be appealed to the District Court in Warsaw within one month of its delivery. The appeal is subject to a fixed fee of 1000 PLN, although exemptions may apply for parties demonstrating insufficient financial means.
