As it did in the case of Seplat Energy and ExxonMobil, the Nigerian National Petroleum Company Limited (NNPCL) is set to replicate the same scenario between Oando and Nigerian Agip Oil Company NAOC, the two parties that recently struck a deal that will see Oando acquiring NAOC’s Interest in OMLs 60,61,62 and 63. It has therefore written a letter to the managing director of Nigerian Agip Oil Company and the Chief Operating Officer of Oando Oil Limited (OOL) stating its discontent with the deal According to the NNPCL letter, it…
Read MoreNNPCL Kicks Against Oando’s Acquisition Of Agips’ Assets
