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NAOC divestment: Eni pockets $783m, Oando grows massive
Sopuruchi Onwuka Federal government has finally signed off on a major asset sale transaction in the upstream petroleum industry, allowing Eni walk home with princely $783 million while indigenous Oando masses up a range of petroleum reserves, power production plants,…
Eni brings Congo LNG online
Eni has realized the successful start-up of LNG production in the Republic of the Congo. The Congo LNG project, sanctioned in December 2022, came on stream after just one year, in line with the initial timeline. The project, situated within…
Investments by IOCs to drive Africa’s oilfiled activities in 2024
Sopuruchi Onwuka Investment pledges by the leading international oil companies (IOCs) are showing positive business propositions for service providers, drilling contractors that play in the African petroleum terrains. Some of the IOCs including TotalEnergies, Shell and Chevron have all confirmed…
NAOC JV delivers medical equipment to Niger Delta states
Nigerian Agip Oil Company (NAOC) on behalf of NAOC Joint Venture has donated medical equipment to tertiary health institutions and hospitals in its four states of operations in Niger Delta, Nigeria. The commissioning and handover ceremonies were held recently during…
Eni pools global scholars into African energy transition hub
Sopuruchi Onwuka Major global institutions, scholars and think tanks are in collaboration to map a new energy pathway for the growth of African economies as the world pushes demand switch from fossil to clean energy options. Italian energy multinational, Eni,…
Eni takes 29 Nigerians on post-graduate scholarship
Eni’s subsidiary, Nigerian Agip Exploration Limited (NAE), has awarded scholarships to 29 Nigerian graduates for post graduate studies. The scholarships which form part of the company’s 2023/2024 Awards Scheme will see the beneficiaries funded through their studies at Universities within…
Fossil still accounts for 80 percent of global energy mix __Eni
Sopuruchi Onwuka Despite the global hype for energy transition, indications are rife that coal, oil and gas will continue to dominate the global energy demand in the foreseeable future even as new and greener energy forms continue in slow growth…
Eni begins early production at Baleine Field, Côte d’Ivoire
Italian oil multinational, Eni, has started production of oil and gas from the Baleine Field, located in the waters offshore Côte d’Ivoire. The commissioning and beginning of production from the field comes less than two years after the field was…
Diezani: Who goes to jail?
Sopuruchi Onwuka The pressing of charges on Mrs Diezani Alison-Madueke, now popularly known as Diezani, is set to burst a can of worms in the lingering intrigues that held millions of Nigerians spellbound over drawn out corruption case involving millions…
Sonangol, Eni expands energy decarbonization
Angolan state firm Sonangol has signed a Memorandum of Understanding (MoU) with Italian energy major Eni to expand “the scope of the cooperation between the two companies by developing studies in the agribusiness value chain and in other sectors of…
