Nigerian crude traded slightly higher than Brent crude amid ongoing dynamics in the global oil market.
Green Energy International Limited has disclosed that negotiations for the commencement of engineering, procurement and construction of the one million barrels per day Otakikpo marginal field in Oil Mining Licence (OML) 11 would be concluded in four weeks.
Green Energy International Limited (GEIL) has concluded a $350 million deal for the second phase development of the Otakikpo marginal field.