The Eni sells Nigerian "daughter" in favor of Oando

Eni S.p.A sells "daughter" of Nigerian Agip Oil Company Ltd in favor of the Nigerian energy companies Oando PLC, the amount of transaction does not reveal, follows from release of companies ". The Eni declares agreement signing with Oando PLC … about sale Nigerian Agip Oil Company Ltd (NAOC Ltd), the affiliated companies, completely belonging Eni which is engaged in investigation and oil production and gas on land to Nigeria, and also electric power development" — is reported in release of the Italian companies. The amount of transaction is not specified. NAOC is present to Nigeria through shares in four land...