Oando Plc has acquired the Nigerian Agip Oil Company from Eni for $783 million, doubling its stake in key oil blocks and increasing its total reserves to over one billion barrels. This strategic move strengthens Oando's position in Nigeria's oil and gas sector and boosts its revenue potential...
Eni, the parent company of Nigerian Agip Oil Company (NAOC), said the oil firm’s production had been cut short by 65,000 barrels per day following Friday’s attack on its pipeline in Bayelsa.
News Agency of Nigeria (NAN) recalls that earlier attacks in the oilfield on May 18 and 24 resulted in...
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