Sterling Oil Acquires Eni’s Nigerian Unit, Adds 5% Stake in Renaissance Oil and Gas Venture

Sterling Oil Acquires Eni’s Nigerian Unit, Adds 5% Stake in Renaissance Oil and Gas Venture

Get latest articles and stories on Business at LatestLY. Sterling Oil Exploration and Energy Production Company (SEEPCO), owned by the Sandesara family, has acquired Italian energy major Eni’s Nigerian subsidiary Agip Energy and Natural Resources (Nigeria) Limited (AENR), adding a 5 per cent participating interest in the Renaissance joint venture, one of Nigeria’s major onshore and shallow-water oil and gas partnerships. Business News | Sterling…

Eni Exits Nigeria's Onshore Upstream Sector

'Eni will continue to maintain a presence in the country through exploration and development of deep offshore assets as well as through its participation i...

Eni Sells Nigerian Shallow-Water Oil Assets to Sterling Oil Subsidiary

By Adedapo Adesanya Italian energy company Eni has completed the sale of its subsidiary, Agip Energy and Natural Resources (Nigeria) Limited (AENR), to Apex Global Energy Limited, a wholly owned subsidiary of Sterling Oil Exploration and Energy Production Company Limited (SEEPCO). The transaction marks Eni’s exit from its remaining hydrocarbon acreage on Nigeria’s continental shelf, […]

Eni Completes Sale of Nigerian Oil Subsidiary to Apex Global

Italian energy giant Eni has finalised the divestment of its Nigerian onshore subsidiary, Agip Energy and Natural Resources (Nigeria) Limited (AENR), to Apex Global Energy Limited.

Eni completes sale of Nigerian oil subsidiary to Sterling oil-owned Apex Global

Italian energy giant Eni has completed the sale of its Nigerian subsidiary, Agip Energy and Natural Resources (Nigeria) Limited (AENR), to Apex Global Energy Limited, which is wholly owned by Sterling Oil Exploration and Energy Production Company Ltd.

Italian Eni Divests Nigeria’s Onshore Assets, Takes Investments In Deepwater Horizon

Italian Energy giant Eni has completed the sale of Agip Energy and Natural Resources, the subsidiary holding its 5 per cent share of the onshore Renaissance joint venture, to Apex Global Energy, a company wholly owned by Sterling Oil Exploration and Energy Production Company.  Eni, however confirms its investment in Nigeria through deep offshore assets […]