Nigeria, Sao Tome move to exploit 500m barrels of oil

A new production sharing contract (PSC) yesterday entered into by Nigeria, Sao Tome and Principe Joint Development Authority (JDA) and Total Nigeria Plc is to exploit over 500 million untapped barrels of crude oil in West Africa. Coming 18 years after an earlier treaty was struck, Total and major stakeholders from the two nations as […]

The post Nigeria, Sao Tome move to exploit 500m barrels of oil appeared first on The Guardian Nigeria News – Nigeria and World News.

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