Eni

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A Backbone Player in Africa’s Evolving Gas Economy

For more than seven decades, Eni has been one of Africa’s most influential energy partners, developing large-scale hydrocarbon resources, strengthening domestic energy systems, and supporting governments in shaping long-term gas strategies. With operations across 13 African countries, Eni has built a portfolio anchored in natural gas,and a growing commitment to sustainability across its operations. Africa remains at the heart of this strategy: around 50% of Eni’s hydrocarbon production comes from the continent, and roughly half of its upstream capital investment is directed to African projects each year. Today, the company allocates 80% of the gas it produces in Africa to domestic markets, supporting industrial growth, energy access and socio-economic development.


Name

Eni

Incorporation Date

February, 1953

Address

Rome, Italy

Company History and Strategic Approach

Eni has been present in Africa since the 1950s, building long-term partnerships to develop hydrocarbons while supporting local development. Its historical presence spans West, North, Central and Southern Africa, with major roles in Nigeria, Republic of Congo, Côte d’Ivoire, Ghana, Angola and Mozambique.


Eni’s African strategy places increasing emphasis on low-carbon operations. A key example is Baleine project in Côte d’Ivoire, the country’s largest hydrocarbon discovery and Africa’s first net-zero (Scope 1 & 2) upstream development. Baleine combines advanced emissions-reduction technology with other innovative solutions, including improved cooking initiatives that reduce emissions and improve household health outcomes.


Current Projects and Future Strategy

Mozambique – Offshore LNG Development in the Rovuma Basin

Eni operates one of Africa’s most significant offshore gas developments in Area 4 of the Rovuma Basin in Mozambique. The Coral South FLNG project delivered Mozambique’s first LNG production, with the first LNG cargo departing in November 2022, marking the country’s entry into the global LNG market.

Building on the success of Coral South, Eni is progressing Coral North, which reached Final Investment Decision (FID) in October 2025. Once online, Coral North will expand Mozambique’s LNG export capacity and strengthen the country’s position as a long-term supplier to global markets.


Côte d’Ivoire – Baleine: Africa’s First Net Zero Upstream Development

Eni is developing Baleine, Côte d’Ivoire’s largest hydrocarbon discovery and the first upstream project in Africa designed to achieve net zero Scope 1 & 2 emissions across its entire value chain. With a total production of Phase 1 and 2 of more than 62,000 barrels of oil and more than 75 million cubic feet of gas per day, which is set to rise up to 150,000 barrels of oil and 200 million cubic feet per day with the start-up of Phase 3, the Baleine project is a key pillar in meeting domestic energy demand.


Congo – New LNG Capacity and Domestic Gas Development

Eni’s activities in Congo are centred in the offshore areas near Pointe-Noire and the onshore Koilou region, where the company is developing a new gas and LNG hub through major investments in floating liquefaction facilities. Phase 1 with the 0.6 mtpa Tango FLNG unit is already in production, with the first LNG cargo exported in February 2024, formally establishing Congo as a new entrant in the global LNG market. Phase 2 with the 2.4 mpta Nguya FLNG and the Scarabeo 5 FPU is also on stream, ahead of the planned schedule, aiming to export the first LNG cargo in early 2026bringing total liquefaction capacity to around 3 mtpa. Together, these facilities create an integrated system that increases Congo’s gas output, strengthens domestic supply and anchors the country’s emergence as a credible, long-term LNG supplier.


Ghana – OCTP: A Model for Domestic Gas Monetisation

Eni’s Offshore Cape Three Points (OCTP) is the only non-associated gas development project entirely dedicated to the domestic Sub-Saharan Africa market. Located off the country’s western coast, OCTP comprises the Sankofa and Gye Nyame fields, developed through subsea wells tied back to the FPSO John Agyekum Kufuor. Production began ahead of schedule and the project has since become one of Ghana’s most reliable sources of energy.

OCTP meets around 70% of Ghana’s power generation needs, provides competitively priced gas, eliminates fugitive methane emissions and enables the transition from oil-fired to gas-fired power. With a 270 MMSCFD NAG processing capacity, the field supplies stable, long-term feedstock for Ghana’s power sector.


Nigeria – LNG Expansion and Continued Upstream Presence

In 2024, Eni completed the sale of NAOC Ltd to Oando as part of a global strategy to rebalance and streamline its upstream portfolio. However, Eni maintains a significant presence in Nigeria through NAE and AENR. Eni is also a major shareholder in Nigeria LNG Ltd, where it contributes to the management and expansion of the Bonny LNG plant. The Train 7 project will increase annual capacity and enhance Nigeria’s utilisation of associated gas, positioning Bonny as one of the world’s leading LNG hubs.


Angola – Azule Energy and Integrated Gas Development

Eni has been present in Angola since 1980 and today operates through Azule Energy, the joint venture with bp, and the country’s largest independent hydrocarbon producer. Through Azule Energy, Eni is helping reshape Angola’s gas sector by developing offshore resources, supplying feedstock to Angola LNG, and supporting the country’s push to expand gas-to-power and industrial gas use. Azule is also driving lower-carbon strategies and deepwater optimisation across Angola’s offshore basins. A major milestone for Angola’s gas sector came with Azule Energy’s new natural gas discovery at the Gajajeira-01 well in Block 1/14, the country’s first dedicated gas exploration success after decades of reliance on associated gas from oil production. The find confirms a working hydrocarbon system in the Lower Congo Basin and represents a significant step toward building Angola’s standalone gas industry.





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