Legit.ng earlier reported that Equinor Nigeria Energy Company (ENEC) has agreed with Chappal Energies to sell ENEC's 53.85% ownership in the oil and gas lease OML 128. According to a statement ...

No fewer than 10 companies have shut down or relocated their operations from Nigeria due to the current economic challenges, ...

Equinor’s Nigeria business includes a 53.85% interest in exploration licenses OMLs 128 and a 20.21% stake in the Agbami field. The transaction’s completion is subject to obtaining all ...

(Bloomberg) — Nigerian regulators approved the sales of units of Eni SpA and Equinor ASA after months of delay as oil majors continue exiting operations in the West African nation. The acquisitions of ...

Both deals were held up by due diligence to 'reduce risk of divestors evading legacy obligations and transferring them to new investors'. Nigerian regulators approved the sales of units of Eni SpA ...