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Tag: AGIP oil

Eni gets approval to sell Nigerian Agip Oil to Oando
News

Eni gets approval to sell Nigerian Agip Oil to Oando

Italian oil major Eni has secured approval from the Nigerian Upstream Petroleum Regulatory Commission to proceed with the sale of its subsidiary, Nigerian Agip Oil Company, to Oando PLC. This confirmation was disclosed in a statement published on Eni’s official website on Wednesday. NAOC, which primarily engages in onshore oil and gas exploration, production, and […]

NNPC, First E&P provide free healthcare in host communities
Oil and Gas

Agip didn’t obtain approval before Oando deal – NNPC

Nigerian Agip Oil Company has admitted that it did not have NNPC Limited’s approval before announcing a contract to transfer its onshore oil assets to Oando PLC. According to TheTimes, Oando Plc and ENI have reached an agreement for the purchase of all the shares of Nigerian Agip Oil Company Limited. The Ministerial Consent and other […]

Energy featured

Reps probe AGIP Oil over tax evasion

The House of Representatives ad hoc committee on Joint Venture on Wednesday quizzed the Nigerian Agip Oil Company Ltd over alleged tax evasion. The Chairman ad hoc Committee investigating the Structure and Accountability of JV Business and Production Sharing Contracts of the NNPC, Rep. Abubakar Fulata, said it was not out to witch-hunt anybody. He […]