Archives Tag: Oando Energy Resources

BUSINESS

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

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