We have had a presence in Nigeria since 1962, when the Nigerian Agip Oil Co. Ltd (NAOC) was founded, and currently operate in the country’s Exploration & Production sector.
Offices & contacts
Naoc-Nigerian Agip Oil Company Limited
No. 40/42 Aguiyi Ironsi Street
Federal Capital Territory
(+234) (0) 9 4611900 - 6
No. 1 Elsie Femi Pearse Street
Naoc New Base
Mile 4 Ikwerre Road
Port Harcourt Rivers State
(+234) (0) 84 465010 - 9
This development will increase the annual production capacity to more than 30 milliontonnes per year (Mtpa) from the current 22.5 Mtpa.
If OPL 245 is not converted into a mining licence, Nigeria will be deprived of a considerable source of income. The ICSID is intervening.
The deal, together with the one for 1.1 million tonnes of LNG executed last December between Eni and NLNG, allows Eni to increase its global LNG portfolio starting from 2021 and to support further the development of its presence in the main destination markets worldwide.
The well can deliver in excess of 100 million standard cubic feet/day of gas and 3,000 barrels/day of associated condensates, and will be immediately put on-stream.
The MoU promotes new activities that can significantly boost Nigeria’s social and economic development
The President of Nigeria, Mohammadu Buhari, met today in Abuja Eni’s Chief Executive Officer, Claudio Descalzi. Eni’s CEO updated the President on the company’s activities in the Country for the development of both oil and gas resources. The President was particularly pleased with the progress achieved in the offshore activities.
The gas from this discovery will largely be channelled to the domestic market in order to feed the power sector.
The yearly meeting of the Green River Project, the agricultural enhancement initiative in the Niger Delta, gathers the agricultural successes from NAOC operational States.