Tag
EQUINOR
Nigeria's oil and gas industry witnessed a flurry of business deals such as partnerships, acquisitions, and divestments in 2024.
In the statement, it was said that the company has agreed to sell Equinor Nigeria Energy Company (ENEC), which owns about 54% of an oil and gas lease called OML 128.
Oil and gas companies around the world are set to slash spending, as oil prices continue to plunge because of the price war and the COVID-19 outbreak.
Oil giant Royal Dutch Shell, on Tuesday, said a directive by the Nigerian government to foreign oil companies...