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 Agip Oil Company (NAOC), to Oando PLC, a prominent energy solutions provider headquartered in Nigeria. The transaction, valued at $783 million, represents a significant development in the West African oil sector and marks a strategic realignment for […]