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ENI's Major Oil Discoveries and Investments in Africa to Secure Energy Markets

NATURAL GAS

In early 2026, ENI solidifies its position as Africa's leading oil and gas operator with significant discoveries and investments. Notable findings include 5 trillion cubic feet of gas and 450 million barrels of condensate in Côte d'Ivoire and 500 million barrels of oil in Angola.

ENI's strategy includes increasing LNG production in Mozambique and Congo, investing $26 billion in North Africa, and partnering with Vitol for further exploration. Over 50% of ENI's production now comes from Africa, highlighting its commitment to the continent's energy sector.

ENI's Major Oil Discoveries and Investments in Africa to Secure Energy Markets
Feb 19, 2026, 6:47 PM

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