ENI OIL ALGERIA LIMITED
Operating as a subsidiary of Eni Lasmo Plc, the company is engaged in the extraction of crude petroleum and natural gas.
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Cash
£42m
USD 54,759,000
+25.4% vs 2024
Net assets
£13m
USD 17,369,000
+12.2% vs 2024
Employees
0
Average over period
Profit before tax
£1.6m
USD 2,113,000
-81.6% lowest in 3 filed years
Net assets
3-year trend · vs Energy median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31
| Metric | Trend | 2023-10-31 | 2024-10-31 | 2025-10-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £270,405,461 | £3,884,438 | £0 | -100% | |
| Operating profit | £244,949,420 | £1,217,257 | -£131,309 | -110.8% | |
| Profit before tax | £253,318,529 | £8,704,931 | £1,603,795 | -81.6% | |
| Net profit | £121,963,977 | £8,704,931 | £1,603,795 | -81.6% | |
| Cash | £148,393,782 | £33,147,920 | £41,562,808 | +25.4% | |
| Total assets less current liabilities | — | £11,753,467 | £13,183,302 | +12.2% | |
| Net assets | — | £11,753,467 | £13,183,302 | +12.2% | |
| Equity | £125,218,357 | £11,753,467 | £13,183,302 | +12.2% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £0 | £0 | — |
Figures converted to GBP from USD at 0.759 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-10-31 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|---|
| Operating margin | 90.6% | 31.3% | — | |
| Net margin | 45.1% | — | — | |
| Return on capital employed | — | 10.4% | -1.0% | |
| Gearing (liabilities / total assets) | — | 71.7% | 69.4% | |
| Current ratio | 5.18x | 1.39x | 1.44x | |
| Interest cover | — | — | -57.67x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- ENI OIL ALGERIA LIMITED 2003-04-10 → present
- LASMO OIL (ALGERIA) LIMITED 1988-07-05 → 2003-04-10
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are satisfied that the company has adequate financial resources, including access to Eni S.p.A. and its subsidiaries' (Eni Group) financial resources, if required, to continue to operate for the foreseeable future for at least twelve months from the date of signing of these financial statements and meet its obligations as they fall due. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Following the termination of the Production Sharing Agreement ('PSA'), upon which all the Company's rights were transferred to Eni Algeria Exploration B.V. Since June 2023, the Company has ceased all oil and gas activities.”
- “In 2024, the Company, together with its partners Occidental (Oxy), TotalEnergies, and SONATRACH, appointed a Liquidation Committee to address any outstanding matters related to the former PSA obligations, operated by Groupement Berkine under Law 86-14.”
- “In 2025 and up to the date of approval of this report, the liquidation process remains ongoing, and the related obligations have not yet been fully settled.”
- “There are no post balance sheet events to report.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 65 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| D'ABREO, Riordan | Secretary | 2020-07-01 | — | — |
| CACOPARDI, Antonino | Director | 2020-06-15 | Oct 1977 | Italian |
| DANIELE, Roberto | Director | 2026-04-20 | Jul 1968 | Italian |
| PAGANO, Francesco | Director | 2022-03-24 | Jun 1968 | Italian |
| PORRETTA-SERAPIGLIA, Claudia | Director | 2025-06-06 | Nov 1977 | Italian |
| WATERLOW, Richard Philip | Director | 2020-12-08 | Sep 1973 | British |
Show 65 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAL BELLO, Francesca | Secretary | 2006-06-29 | 2017-11-09 |
| O'BRIEN, Alan | Secretary | 2001-11-09 | 2002-08-08 |
| SMITH, Linda Gillian | Secretary | 2002-08-08 | 2006-06-29 |
| TREZZA, Mila | Secretary | 2017-11-09 | 2020-07-01 |
| WALTERS, Sandra Gail | Secretary | 1999-04-30 | 2001-11-09 |
| WEDGWOOD, John Arthur Thomas | Secretary | — | 1999-04-30 |
| BELLO, Mario | Director | 2018-06-11 | 2022-04-11 |
| BENYEZZA, Abdurahman Abdalla | Director | 2008-01-15 | 2011-12-01 |
| BROWN, Ian Douglas | Director | 1996-04-03 | 1998-01-05 |
| CASATI, Lorenzo | Director | 2002-01-01 | 2004-11-15 |
| CASTIGLIONI, Fabio | Director | 2009-06-15 | 2010-07-14 |
| CAVANNA, Fabio | Director | 2008-01-15 | 2009-03-02 |
| CHACON, Oswaldo | Director | 2012-04-10 | 2014-09-24 |
| CHIARINI, Alberto | Director | 2004-09-01 | 2006-04-03 |
| CROUCH, Andrew Edward | Director | 1998-01-19 | 1999-02-01 |
| D'AMICO, Roberto | Director | 2002-10-23 | 2005-11-22 |
| DAVIDSON KELLY, Charles Norman | Director | — | 1994-02-16 |
| DE GHETTO, Giambattista | Director | 2006-12-04 | 2008-01-15 |
| DE MARCO, Claudio | Director | 2017-01-05 | 2017-06-12 |
| DE-LORENZO, Carmine | Director | 2010-11-26 | 2011-12-01 |
| DI LORENZO, Vincenzo | Director | 2006-04-03 | 2007-11-09 |
| DYKSTRA, Joel Dean | Director | 1994-02-15 | 1995-02-10 |
| FAGAN, Daragh Patrick Feltrim | Director | 2002-08-08 | 2007-07-06 |
| FERRARA, Gianluigi | Director | 2017-06-13 | 2022-03-24 |
| FERRARA, Gianluigi | Director | 2002-08-08 | 2003-08-21 |
| FRANKE, John Adrian | Director | 1999-02-01 | 2001-08-31 |
| GALLETTA, Antonino | Director | 2006-10-16 | 2008-01-15 |
| GIACCARDO, Andrea | Director | 2013-10-03 | 2018-06-11 |
| GIULIANELLI, Matilde | Director | 2003-08-21 | 2006-05-16 |
| GIUSTO, Manfredi | Director | 2024-10-03 | 2025-06-06 |
| GIUSTO, Manfredi | Director | 2019-11-18 | 2020-08-06 |
| HEMMENS, Philip Duncan | Director | 2020-08-06 | 2022-10-13 |
| HEMMENS, Philip Duncan | Director | 2011-09-19 | 2016-05-17 |
| HEMMENS, Philip Duncan | Director | 2000-01-13 | 2002-08-08 |
| HOGAN, John Anthony | Director | 1994-02-15 | 1999-02-01 |
| KEENAN, Nicholas Mark | Director | 2007-07-06 | 2010-11-15 |
| KING, Thomas George | Director | 1994-02-15 | 1997-04-29 |
| LEE, Brian Thomas | Director | — | 1992-11-13 |
| LOUGH, Keith Geddes | Director | 1999-02-01 | 1999-07-30 |
| LUSURIELLO, Luigino | Director | 2007-11-09 | 2009-06-15 |
| MAGRASSI, Mara | Director | 2014-03-10 | 2016-09-19 |
| MICHETTI, Vincenzo | Director | 2005-11-22 | 2006-12-04 |
| O'BRIEN, Alan | Director | 2001-08-24 | 2002-08-08 |
| PALMA, Sergio | Director | 2001-08-24 | 2002-10-23 |
| PASQUA, Roberto | Director | 2014-09-24 | 2017-06-13 |
| PIRO, Luigi | Director | 2016-05-17 | 2017-01-05 |
| PIRO, Luigi | Director | 2011-12-01 | 2013-10-03 |
| POLO, Franco, Dr | Director | 2011-12-01 | 2012-06-11 |
| POLO, Franco, Dr | Director | 2010-07-14 | 2011-09-19 |
| RINALDI, Francesca | Director | 2017-06-12 | 2019-11-18 |
| SCOTT, Martin Keith | Director | — | 1994-02-16 |
| SICILIANO, Lorenzo | Director | 2016-09-19 | 2019-01-18 |
| SMERNOFF, Richard Louis | Director | 1994-03-16 | 1999-02-01 |
| TALAMONTI, Marco | Director | 2006-05-16 | 2012-04-10 |
| THOMAS, David Howard | Director | 1999-07-30 | 2004-09-01 |
| TIANI, Alessandro | Director | 2022-04-11 | 2023-10-15 |
| TITONE, Innocenzo | Director | 2009-03-02 | 2010-11-26 |
| TRAVAGLINI, Paolo | Director | 2012-06-11 | 2014-03-10 |
| TREZZA, Mila | Director | 2010-11-15 | 2020-10-30 |
| TURTELTAUB, Eva Natalia | Director | 2019-01-18 | 2020-06-15 |
| VASQUES, Luciano Maria | Director | 2022-10-13 | 2024-10-03 |
| VELLA, Antonio | Director | 2004-11-15 | 2006-10-16 |
| VICINI, Giorgio | Director | 2023-10-15 | 2026-04-20 |
| WELLAND, Michael John Patterson | Director | 1995-03-15 | 1996-04-15 |
| WRIGHT, Christopher Alan, Dr | Director | 1999-02-01 | 1999-12-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Eni Lasmo Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 257 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-04 | AA | accounts | Accounts with accounts type full | |
| 2026-06-23 | CH01 | officers | Change person director company with change date | |
| 2026-05-07 | CH01 | officers | Change person director company with change date | |
| 2026-04-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-25 | CH01 | officers | Change person director company with change date | |
| 2025-07-04 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-06-17 | AA | accounts | Accounts with accounts type full | |
| 2025-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-28 | CH01 | officers | Change person director company with change date | |
| 2024-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-09 | AA | accounts | Accounts with accounts type full | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-31 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.