Acquiring Company
Oando Plc
Acquired Company
Nigerian Agip Oil Company
LagosPort HarcourtEnergyOil And GasRenewable EnergyBiomass EnergyEnergyOil And GasDescription
Oando PLC has successfully acquired Nigerian Agip Oil Company from Eni. This acquisition is expected to boost Oando's production capabilities and enhance operational performance through the integration of NAOC's assets. Following the acquisition, Oando has focused on infrastructure upgrades and production optimization. The company aims to advance its growth agenda and strengthen Nigeria's energy security.
Quick answer
Oando Plc is acquiring Nigerian Agip Oil Company, announced August 1, 2025. Oando Plc is based in Lagos, Lagos State, Nigeria.
- How much did Oando Plc pay for Nigerian Agip Oil Company?
- The deal value was not disclosed.
- What does Oando Plc do?
- Oando Plc is a Nigerian multinational energy company.
- Where are Oando Plc and Nigerian Agip Oil Company based?
- Oando Plc is based in Lagos, Lagos State, Nigeria. Nigerian Agip Oil Company is based in Port Harcourt, Rivers State, Nigeria.
- Who are the decision-makers at Oando Plc?
- Fundz holds 1 contact at Oando Plc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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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 Nigerian Agip Oil Company?
Nigerian Agip Oil Company was acquired by Oando Plc, based in Lagos. The deal was reported on August 1, 2025. 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 Nigerian Agip Oil Company?
Oando Plc's acquisition of Nigerian Agip Oil Company was reported on August 1, 2025. Oando PLC has successfully acquired Nigerian Agip Oil Company from Eni. This acquisition is expected to boost Oando's production capabilities and enhance operational performance through the integration of NAOC's assets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nigerian Agip Oil Company do?
Nigerian Agip Oil Company (NAOC) is a subsidiary of the Italian multinational energy company Eni. It plays a major role in the exploration and production of oil and gas in Nigeria. It is privately held, operating in Energy, and is based in Port Harcourt.
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