Congo terminates energy deal with Eni

Due to this, Eni will no longer be qualified to recover its investment costs.
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The Republic of Congo has terminated a long-standing oil deal with Italian oil giant, Eni.

Due to this, Eni will no longer be qualified to recover its investment costs.

The Italian multinational oil and gas company which has been operational in the country since 1968, will, however, have other oil exploration projects continue in Congo.

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Eni’s activities in Congo are mainly focused in the exploration & production sector in conventional and deep offshore and onshore areas.

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  • Abdulateef Ahmed

    Abdulateef Ahmed, Digital News Editor and; Research Lead, is a self-driven researcher with exceptional editorial skills. He's a literary bon vivant keenly interested in green energy, food systems, mining, macroeconomics, big data, African political economy, and aviation..

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