Eni consolidates African position with acquisition of BP’s Algerian assets

Issue 468 - 15 Sep 2022 - By Marc Howard

Eni has announced the completion of its acquisition of UK supermajor BP’s assets in Algeria, including working interests in the In Amenas (45.89%) and In Salah (33.15%) gas fields, which together produced 11bcm in 2021. The purchase adds to a flow of recent deals has buttressed Eni’s position as the leading international oil company (IOC) in north-west Africa.

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Africa Investment Exchange: Power & Renewables

16-17 November 2022, RSA House, London

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