Eni E&P Division commenced activities in Nigeria in 1962 through a wholly owned subsidiary – Nigerian Agip Oil Company, with the offer of participation in its operations by Federal Government in case of commercial discovery. This option was subsequently exercised in 1973. Activities of eni in Nigeria have grown over the years resulting in establishment of other companies. These include the Agip Energy and Natural Resourcesestablished in 1980, which operates in the shallow waters offshore and the Nigerian Agip Explorationin 1996, which concentrates on the deep-water frontier region.
Eni also holds 10.4% equity participation in the Nigerian LNG Limited. In addition, eni is a key partner in the Brass LNG Limited Project with 17% participation.
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