On the Record · ENI
ENI acquisitions, on the record
The businesses ENI bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Nigerian Agip Oil Company Ltd (NAOC Ltd)Word for word“In September 2023, Eni signed an agreement with the local partner Oando PLC to divest Eni’ subsidiary Nigerian Agip Oil Company Ltd (NAOC Ltd), with onshore oil and gas exploration and production activities, as well as the ancillary power generation business.” 20-F for 2023 | agreed divestiture | September 2023 | — |
Chevron’s development and production assets in offshore IndonesiaWord for word“In 2023 , Eni acquired Chevron’s development and production assets in offshore Indonesia.” 20-F for 2023 | acquisition | 2023 | — |
portfolio of two photovoltaic plants from Helios UK (Spain) LtdWord for word“● June 2023 - Plenitude finalized the acquisition from Helios UK (Spain) Ltd of a portfolio comprising two photovoltaic plants with a total capacity of 96.4 MWp in Spain’s Albacete.” 20-F for 2023 | acquisition | June 2023 | — |
Neptune EnergyWord for word“In 2024, Eni has closed the acquisition of the group Neptune Energy with a transaction value of €2.4 billion, which represents the largest acquisition made by Eni in recent years and this deal could entail integration risks.” 20-F for 2024 | acquisition | In 2024 | €2.4 billion |
Nikaitchuq and Oooguruk oil assets in AlaskaWord for word“● November 2024 - closed the sale to Hilcorp of 100% of the Nikaitchuq and Oooguruk oil assets owned in Alaska for a value of $1 bln.” 20-F for 2024 | divestiture | November 2024 | $1 bln |
Saipem S.p.A. (10% of share capital)Word for word“● June 2024 - Eni completed the sale of 10% of the share capital of Saipem S.p.A.” 20-F for 2024 | divestiture | June 2024 | — |
AtenoilWord for word“● June 2024 - Enilive Iberia finalized the acquisition of 100% shares of Atenoil, a company operating in the service station sector.” 20-F for 2024 | acquisition | June 2024 | — |
Tecnofilm SpAWord for word“● April 2024 - Versalis finalized the acquisition of 100% of Tecnofilm SpA, a specialist company operating in the compounding sector.” 20-F for 2024 | acquisition | April 2024 | — |
NAOC LtdWord for word“● July 2024 - Eni received formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for the sale of NAOC Ltd to Oando Plc.” 20-F for 2024 | agreed divestiture | July 2024 | — |
participating interest in several production licenses in CongoWord for word“In 2024, Eni finalized with Perenco the divestment of its participating interest in several production licenses in the country.” 20-F for 2024 | divestiture | In 2024 | — |
UK upstream assets combined with Ithaca EnergyWord for word“● April 2024 - Eni reached an agreement on the combination of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities with Ithaca Energy, marking a strategic move to significantly strengthen its presence on the UK Continental Shelf.” 20-F for 2024 | merger | April 2024 | — |
Read from ENI’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023, 20-F for 2022) and the financial data it files with the SEC, as of 2026-03-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.