Archives Tag: Oando Energy Resources
ConocoPhillips leaves Nigeria, sells assets to Oando for $1.79 billion
April 19, 2022
Global oil-giant, ConocoPhillips is leaving Nigeria, after years of operating oilfields at several parts of the country. ConocoPhillips is selling its assets to Oando Energy Resources (OER) for $1.79 billion plus customary adjustments. This will extend Oando’s asset in onshore and offshore resources in the Nigerian oil sector, and the organization has paid $435 million … Continue reading ConocoPhillips leaves Nigeria, sells assets to Oando for $1.79 billion
By david
