Nigeria's NNPC secures $3.15bn to develop oil mining licence

23rd July 2019

By: Reuters

  

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Nigeria's State oil company has secured $3.15-billion from Sterling Oil Exploration and Energy Production Company Limited to develop oil mining licence 13, it said in a statement on Twitter on Tuesday.

OML 13 is a wholly owned asset of NPDC, the upstream subsidiary of Nigerian National Petroleum Corporation.

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Edited by Reuters

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