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Oando finalizes $783m acquisition of Eni’s Nigerian subsidiary NAOC, doubling its stake in key oil blocks, boosting reserves by 493.6MMboe, and marking a new chapter in Nigeria's oil industry.

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Energy Industry News

Oando secures major foothold in Nigerian oil sector with $783m NAOC acquisition from Eni

Eni, the Italian multinational oil and gas giant, has officially concluded the sale of its Nigerian subsidiary, Nigerian…

byPallavi Madhiraju

August 24, 2024

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