In August 2024, we closed the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd), while maintaining our presence in the country through Nigerian Agip Exploration (NAE) and Agip Energy and Natural Resources (AENR). This transaction was made possible by the agreement signed in September 2023 between Eni and Oando PLC, and the formal approval received in July 2024 from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), along with all other necessary authorisations from the relevant local and regulatory authorities.
In Nigeria we operate in the exploration sector and in the production of hydrocarbons. Thanks to a series of agreements with partner companies, we contribute to expanding our global portfolio of natural gas (LNG) and the development of activities in the country. As well as through the Green River Project, we have supported the populations of the Niger Delta with extraordinary programmes such as the distribution of staple commodities and reconstruction activities following the floods that have affected the area for decades.
We have a deep-rooted bond with Africa, the continent where we took our first steps outside of Italy. With around 70% of its population aged under 30, it is taking on an increasingly important role on the global geopolitical and economic landscape. Our aim is to support Africa in rising to the challenge of the energy transition, an important part of which is access to clean energy.
Activity start date: 1962 – present
Agip energy and natural resources (AENR)
Nigerian Agip Exploration (NAE)
The data were selected from those contained in our official documents.
annual oil and condensate production (million barrels)
annual gas production (billion cubic feet)
annual hydrocarbon production (millions of barrels of oil equivalent)
production capacity Bonny plant
annual oil and condensate production (million barrels)
annual gas production (billion cubic feet)
annual hydrocarbon production (millions of barrels of oil equivalent)
production capacity Bonny plant
From the onshore find in the Niger Delta to the delivery of solar-powered water plants, our most important achievements in the country.
Eni announced the closing for the transaction of Nigerian Agip Oil Company Ltd (“NAOC”) to Oando PLC.
The systems, which provide water for domestic use and irrigation, were developed as part of the Eni and FAO “Access the water” initiative.
The contract involves the production of 1.5 million tonnes of LNG by the liquefaction trains that already exist at Bonny Island.
Just three weeks from the completion of the well in the Niger Delta, Eni begins producing gas, for the domestic market, and condensates.
The partnership agreement between Eni and the FAO involves the development of wells powered by photovoltaic systems for domestic use and irrigation.
An agreement between the local government and Eni promotes new activities to contribute to the economic and social development of the country.
Through NAE, we have published a call for applications for scholarships aimed at local graduates for studies abroad or at universities in the country, focusing on engineering, geosciences, petroleum economics and petroleum law, for the academic year 2024/2025. The initiative aims to promote the skills of young Nigerians in the energy sector.
We are launching programmes to start up local cooperatives and associations in order to foster personal and economic growth.
Stories and pictures from our work with FAO in Nigeria: our practical contribution to improving access to water and mitigating the climate crisis in the country.