Nigerian multinational energy company, Oando Plc, has acquired a 100 percent shareholder interest in the Nigerian Agip Oil Company (NAOC) from Eni, an Italian energy company, at $783 million. The Group Chief Executive Officer, Oando, Mr Wale Tinubu disclosed this…
The Nigeria Agip Oil Company (NAOC) says investigation has begun on a leak from its Ogboinbiri-Tebidada pipeline in Bayelsa. The company made the disclosure in a statement by its parent firm, the Eni Group, and made available to newsmen in…
The House of Representatives Committee on Public Petition has summoned AGIP Oil Company to appear before it on June 26, over alleged N80 million owed to De Cooon Services Ltd. Rep. Michael Etaba, Chairman of the Committee expressed displeasure over…
NNPC Limited has disclosed that Nigerian Agip Oil Company (NAOC) did not obtain its consent before announcing a deal to sell onshore oil assets to Oando PLC. Oando Plc had entered an agreement with ENI for the acquisition of 100%…
Princess Adedoyin Raliat Ayinde (nee Ojora) has passed away at age 36. She was the wife of Tayo Ayinde, the Chief of Staff CoS) to Lagos Governor Babajide Sanwo-Olu. The deceased was also the niece of business tycoon and former…
The Nigerian Agip Oil Company (NAOC) on Wednesday confirmed an oil leak from its Idu oilfields at Egbebiri settlement within Biseni in Yenagoa Local Government Area in Bayelsa, resulting in its shutdown. The cause of the leakage, according to the…
