Apex Global Energy, a wholly owned subsidiary of Sterling Oil Exploration and Energy Production Company (SEEPCo), has acquired 100% of the issued shares in Agip Energy and Natural Resources (AENR), Eni’s Nigerian subsidiary, which holds a 5% participating interest in the Renaissance joint venture (formerly the Shell Petroleum Development Company joint venture). TEMPLARS announced completion on 28 October 2026. The price was not disclosed.
Advisers: TEMPLARS advised Apex Global Energy, with a team led by deputy managing partner Chike Obianwu and partner Dupe Dabiri, supported by senior associate Adebimpe MacGregor and associates Mariam Adebayo and Feranmi Abodunrin. Partners Emmanuel Gbahabo and Igonikon Adekunle SAN provided dispute resolution support, with managing counsel Orji Uka and associates Uzoamaka Ikpeazu and Adedayo Adegbola. Partner Zelda Akindele led the competition work. Counsel to Eni were not named.
Source: TEMPLARS, 28 October 2026. Added to The Meridian register on 31 October 2026.
