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Wire · operational-macro

Eni sells Nigeria subsidiary to invest in deep-water activities

26 October 2026 · By · Wire by Fusion42

Published

26 October 2026

Topic

operational-macro

◆ Sectors

Energy

◆ Geography

Nigeria

◆ Source

Read at upstreamonline.com →

◆ Verified

Fusion42 · 27 October 2026 · Fusion42 review

Eni has sold its Nigerian onshore and shallow-water subsidiary Agip Energy and Natural Resources to Apex Global Energy to focus investment on deep-water oil activities in Nigeria, in line with its strategy to optimise and rebalance its upstream portfolio.

This Wire brief sits within Fusion42's coverage of Energy, and 2 sources have reported it between 26 Oct 2026 and 27 Oct 2026.

◆ ◆ The Wire takeaway

Your upstream oil operation in Nigeria faces a shift to deep-water focus with Eni's exit from onshore and shallow assets. Now is the time to pursue opportunities abandoned by Eni's divestment in this region.

◆ Coverage

2 sources · first reported 26 Oct 2026 · latest 27 Oct 2026

◆ Related on Wire

◆ Topics

Energyeninigeriaasset-saleupstream-oildeep-water