Govt, oil majors sign $5.1bn JV settlement deal

Govt, oil majors sign $5.1bn JV settlement deal
16 December 2016, Abuja –  The Federal Government on Thursday signed a deal with Shell, Chevron, Total, Eni and Exxon Mobil to clear unpaid bills worth $5.1bn for oil production joint ventures piled up over many years. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, said in a speech at the signing ceremony […] More »
Govt, oil majors sign $5.1bn JV settlement deal Govt, oil majors sign $5.1bn JV settlement deal Reviewed by Crude Oil Facilitators on 16:15 Rating: 5

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