Nigeria: After Selling Nigeria’s Onshore Oil Assets, Eni Buys 4 Offshore Blocks in Côte d’Ivoire

Abuja — Eni and the Ministry of Mines, Oil and Energy of Côte d’Ivoire have signed in Abidjan the contracts for the acquisition of four new exploration blocks in the country’s offshore.

Recall that in August this year, the Italian multinational oil company finalised the divestment of its onshore oil and gas exploration and production subsidiary in Nigeria to Oando Plc for nearly $800 million.

The sale included 40 oil and gas fields, 12 production stations, three gas processing plants, the Brass…