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)
Our exploration activities take place across a surface area of over 27,000 km². Via the main oil joint venture in the country, we participate in 17 onshore blocks and produce 11 million bbl of oil and condensates a year. Together with Nigeria LNG Ltd, we help manage the Bonny natural gas liquefaction plant, investing in the expansion project with the goal of increasing its annual production capacity by over 30Mtpa by 2024.The plant is set to become one of the world's major LNG hubs and will make it possible to exploit Nigeria’s abundant associated gas resources.
The Okpai thermoelectric power station is the biggest plant developed in the country by private sector operators and is powered using part of the gas that we produce. It accounts for around 7.3% of the total energy fed into the national distribution network.
Green River Project is the programme with which we promote more sustainable agricultural and food production in the country. Through this initiative we contribute to training young farmers and developing their businesses, we support microcredit projects and we assist those taking their first steps in the world of employment.
Thanks to the partnership with the FAO and the state-owned NNPC, in Borno and Yobe, in the north-east of Nigeria, there are 11 water plants powered by photovoltaic systems. A total of 22 wells which, thanks to renewable energy, contribute to domestic irrigation and benefit around 67,000 people.
We also work with the FAO to enable the communities of the north-east of the country to access clean, safe water.
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.