Italian oil and gas firm Eni has expanded its presence across West Africa by entering Liberia’s exploration market after signing a sale and purchase agreement with Chevron for a 25 per cent interest in the offshore LB11, LB12 and LB14 blocks
Operated by Chevron the three exploration blocks extend over an area measuring 9,560 sq km and are located on
Chevron will now hold a 45 per cent in the blocks, with Eni holding 25 per cent, and Oranto holding the remaining 30 per cent.
Eni currently operates exploration and production projects in a host of West African countries, including
