Total Nigeria Appoints Rothschild To Sell Off Nigerian Oil Assets

Total Nigeria Appoints Rothschild To Sell Off Nigerian Oil Assets

0 0 11 mesi fa
Total is seeking to sell its 12.5% stake in a major deepwater oilfield off the coast of Nigeria, industry, and banking sources have said. The plan is reportedly an effort to adjust the energy company's Africa portfolio amid a broad expansion. Reuters reports that the stake in Oil Mining Lease (OML) 118, which is located some 120 kilometers (75 miles) off the Niger Delta, is valued at up to $750 million, according to two of the sources. Investment bank Rothschild is running the sale process ... Maggiori informazioni

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