Oando targets 100,000bpd production with NAOC acquisition

Nigerian multinational energy company Oando Plc is targeting a production of 100,000 barrels per day (bpd) by 2028.

This follows its landmark acquisition of Eni’s Nigerian Agip Oil Company (NAOC) earlier this year.

The announcement, along with the company’s future expansion plans and role in Nigeria’s energy transition, was shared during an exclusive Fireside Chat at the African Energy Week: Invest in African Energies conference on Thursday in South Africa.