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Nigeria's leading finance and market intelligence news report.

OML 143: NNPC, SEEPCO sign gas devt deal with $600m potential revenue

The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the development and commercialisation of gas from the Oil Mining Lease (OML) 143, a deal capable of boosting Nigeria’s economy by $600 million. The NNPC and SEEPCO signed off on the agreement for the monetisation of…

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