Tag
STERLING OIL
Italian energy giant Eni has completed the sale of its Nigerian subsidiary, Agip Energy and Natural Resources (Nigeria) Limited (AENR), to Apex Global Energy Limited, which is wholly owned by Sterling Oil Exploration and Energy Production Company Ltd.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has withdrawn its court case against Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) following the settlement of its investigation into an alleged $2.3 billion tax evasion involving the company.
The Nigerian Content Development and Monitoring Board (NCDMB) has said it will investigate Sterling Oil Exploration and Energy Production Company (SEEPCO) over alleged expatriate quota violations and anti-labour practices.
The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.) and its partner, Natural Oilfield Services Ltd. (NOSL), have announced the commencement of crude oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State.