We've increased production by 50% since Agip acquisition, says Oando

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Oando Energy Resources Nigeria Limited, (OERNL) says since acquisition of Eni's Nigerian Agip Oil Company (NAOC), the company has increased production output by about 50 percent.

Oando Energy Resources Nigeria Limited says it has increased production output by about 50 percent since its acquisition of the Nigerian Agip Oil Company .

The statement said the meeting was led by Mele Kyari, the group chief executive officer of NNPC, and Irune. “We’ve been able to improve the integration of both legacy companies, again led by not just Oando, but NNPC, bringing the JV that used to exist in three parts into two, seamlessly.”

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