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Our activities in Nigeria

Working group on a vessel used for offshore oil production

Eni has been operating in Nigeria since 1962, with activities ranging from hydrocarbon exploration and production to power generation. Today, the Company continues to advance its strategy of diversifying energy supply sources through a combination of a significant upstream portfolio, with equity production of approximately 55,000 barrels of oil equivalent per day, and a 10.4% interest in Nigeria LNG. In Nigeria, Eni’s business model is also integrated with initiatives reflecting our commitment to sustainability in the country and which is structured across multiple areas: programmes focused on education, healthcare and universal access to energy, as well as strengthening of local skills and supporting the development of logistics network.

Country profile

Activity start date: 1962 – present

How we operate in the country

Energy resource valorization strategies in deep offshore

In March 2026, following a meeting between the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, and Eni Chief Executive Officer Claudio Descalzi, new initiatives aimed at strengthening deep offshore development were outlined. As part of these initiatives, two development licences, PML 102 and PML 103, were awarded, further strengthening Eni’s cooperation with Nigeria and paving the way for the accelerated development of deep offshore hydrocarbon resources. In addition, two exploration licences, Petroleum Prospecting Licences (PPLs) 2011 and 2012, were awarded to Nigerian Agip Exploration Limited (NAE) as operator, together with its partners Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCO). Prior to March 2026, two key events marked Eni’s relationship with Nigeria:

  • in August 2024, Eni announced the closing of the sale of Nigerian Agip Oil Company Ltd (NAOC), Eni’s wholly owned subsidiary operating in Nigeria in onshore hydrocarbon exploration and production and in power generation in Nigeria, to Oando PLC (Oando), Nigeria’s leading energy company listed on both the Nigerian and Johannesburg stock exchanges. Following the transaction, Eni continues to be present in the country through Nigerian Agip Exploration (NAE) and Agip Energy and Natural Resources (AENR), as well as through hydrocarbon production and the management of the strategic Bonny natural gas liquefaction plant via its participation in Nigeria LNG
  • in November 2025, Eni, through its subsidiary Nigeria Agip Exploration Limited (NAE), announced the acquisition from TotalEnergies EP Nigeria Limited of an additional 2.5% stake in the OML 118 Production Sharing Contract (PSC), exercising its pre-emption right. OML 118 is a deepwater licence that includes the Bonga producing field, in which NAE holds non-operating interests. Following the transaction, which received all necessary regulatory approvals, NAE’s share in the OML 118 PSC increased from 12.5% to 15%. The acquisition was fully aligned with Eni’s strategy to optimise its upstream portfolio and further strengthens the Company’s commitment to deepwater projects in the country.

Eni and the gas sector

With a 10.4% participating interest in Nigeria LNG, Eni continues to play an active role in supporting the expansion of the Bonny Island liquefaction plant and the broader growth of Nigeria’s gas sector through a significant investment portfolio that includes the Abo and Bonga fields, as well as Nigeria LNG. The Train 7 project increased NLNG’s production capacity from approximately 22 Mtpa to around 30 Mtpa, strengthening the country’s position in the global LNG market. Eni’s commitment across the gas value chain is aligned with the objectives of Nigeria’s “Decade of Gas”, supporting the expansion of the country’s export capacity while contributing to its ambition to monetise its vast gas resources and enhance its global competitiveness. Gas remains a key transition fuel and a central pillar of Eni’s strategy, accounting for a significant share of the Company’s production mix. In Nigeria, this translates into continued investment in gas development and infrastructure, helping to reduce emissions while supporting a more sustainable energy system.

Digital technologies and innovation in Eni’s operations in Nigeria

Eni is increasingly leveraging advanced digital technologies both in its upstream activities and to support energy transition. AI-driven reservoir modelling, real-time subsurface monitoring and predictive maintenance enhance operational efficiency and help reduce costs across its operations in the country. Eni’s companies in Nigeria have launched a range of technical and commercial initiatives to eliminate routine flaring. Nigerian Agip Exploration and other Eni entities are implementing measures to reduce direct (Scope 1) emissions, including energy efficiency improvements and the mitigation of methane emissions under OGMP 2.0, to which Eni has voluntarily subscribed. 

Eni’s strategic vision

Over the 2026–2027 period, Eni’s strategic vision in Nigeria is built around four interconnected pillars:

  • Eni will continue to maximise the performance of its existing operated production assets, such as the Abo field, ensuring further value creation from its established production base
  • the Company will also advance the growth of its deepwater activities by leveraging its distinctive capabilities in fast-track project development. A tangible example is the development of the Zabazaba–Etan fields, which are estimated to contain more than 500 million barrels of reserves. At the same time, Eni will continue to progress other strategic developments, including Bonga North, a tie-back project with estimated resources of approximately 300 Mboe and peak production of around 110 kbopd, expected to come on stream in 2027, as announced during Eni’s Capital Market Day in March 2026. Together with high-potential exploration licences, these initiatives are expected to unlock significant value and expand Nigeria’s offshore production capacity
  • Eni will further strengthen its role in the gas sector by leveraging its 10.4% participating interest in Nigeria LNG and its growing involvement across the entire gas value chain
  • sustainability and decarbonisation will remain integral elements of Eni’s approach, with a continued focus on emissions reduction and operational efficiency improvements. In this context, gas will continue to play a central role, in line with Eni’s global strategy.

With more than 60 years of presence in the country, Eni remains committed to supporting the development of Nigeria’s energy sector while contributing to long-term, sustainable and inclusive growth.

Highlights

The data were selected from those contained in our official documents.
  • 11
    mmbbl/y

    oil and condensate production

  • 31
    bcf/y

    annual gas production

  • 18
    mmboe/y

    hydrocarbon production

  • 22
    mmtonnes/y

    production capacity Bonny plant

Our history in Nigeria

From the onshore find in the Niger Delta to the delivery of solar-powered water plants, our most important achievements in the country.

Last update: 04 June 2025