Eni to Sell Nigerian Subsidiary to Energy Company Oando
04 Septiembre 2023 - 3:49AM
Noticias Dow Jones
By Giulia Petroni
Italian oil major Eni has agreed to sell its
exploration-and-production subsidiary in Nigeria to local energy
company Oando for an undisclosed sum.
The Nigerian Agip Oil Company, or NAOC, focuses on onshore oil
and gas as well as power generation. It has interests across four
onshore blocks, two onshore exploration leases and two power plants
in Nigeria.
NAOC's 5% interest in Shell's joint venture Shell Production
Development Company will be retained by Eni.
Following the transaction, Eni said it will maintain its
presence in Nigeria with Nigerian Agip Exploration and Agip Energy
and Natural Resources, as well as through onshore and offshore
assets operated by others.
Closing of the deal is subject to the authorization of local and
regulatory authorities.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
September 04, 2023 04:34 ET (08:34 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Eni (BIT:ENI)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Eni (BIT:ENI)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
