Eni strikes $500 million deal to sell key Africa assets to ambitious local player

Transaction will almost double Lagos-listed Oando’s oil reserves to about 1 billion barrels

Nigeria sale: Eni chief executive Claudio Descalzi.
Nigeria sale: Eni chief executive Claudio Descalzi.Photo: REUTERS/SCANPIX
Published 4 September 2023, 10:38Updated 6 September 2023, 11:05