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ENI confirmed its status as the top oil and gas operator in Africa in early 2026, announcing two major hydrocarbon discoveries. In February 2026, the company reported finding 5 trillion cubic feet of gas and 450 million barrels of condensate at the Murene South-1X well in Côte d'Ivoire.

Concurrently, it announced a 500 million barrel oil discovery at the Algaita-01 well in Angola through its joint venture, Azule Energy. ENI is also expanding LNG production in Mozambique and Congo, with a $26 billion investment planned for Algeria, Libya, and Egypt. More than 50% of ENI's production now comes from Africa, emphasizing its strategic focus on the continent.