Acquiring Company
Oando Plc
Acquired Company
Baleine offshore field
Lagos
RomeEnergyOil And GasRenewable EnergyBiomass EnergyEnergyOil And GasRenewable EnergyDescription
Nigeria’s Oando Plc has successfully completed the acquisition of 100% of the shareholding interest of Eni's subsidiary, Nigerian Agip Oil Co. (NAOC), for a total consideration of US$783 million. This acquisition expands Oando's participating interests in several OMLs and increases its ownership stake in joint venture assets and infrastructure.
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Who to call at Oando Plc, and when
When Oando Plc changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Oando Plc raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Oando Plc, from your own LinkedIn network
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Frequently asked
Who acquired Baleine offshore field?
Baleine offshore field was acquired by Oando Plc, based in Lagos. The deal was reported on August 26, 2024. Oando Plc is a Nigerian multinational energy company. The company is involved in the exploration and production of petroleum products and also operates in the energy services sector. Oando Plc is privately held and operates in Energy.
When did Oando Plc acquire Baleine offshore field?
Oando Plc's acquisition of Baleine offshore field was reported on August 26, 2024. Nigeria’s Oando Plc has successfully completed the acquisition of 100% of the shareholding interest of Eni's subsidiary, Nigerian Agip Oil Co. (NAOC), for a total consideration of US$783 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Baleine offshore field do?
The Baleine offshore field is the largest hydrocarbon discovery in Ivory Coast. Managed by Eni, the field began production in 2023 and represents a significant energy project in the region. It is privately held, operating in Energy, and is based in Rome.
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