Oando eyes 1.2 billion barrels of oil and 10.7 trillion cubic feet of gas after completing $783 million Nigeria acquisition

Transaction almost doubles Oando's reserves to 1 billion barrels of oil equivalent

Nigeria’s President Bola Tinubu has been pressing government officials to speed-up approval of oil and gas transactions.
Nigeria’s President Bola Tinubu has been pressing government officials to speed-up approval of oil and gas transactions.Photo: AFP/SCANPIX
Published 23 August 2024, 08:41Updated 23 August 2024, 15:12
EniOandoNigeriaAfricaSub-Saharan Africa