FILE PHOTO: Nigerian National Petroleum Corporation headquarters are seen in Abuja

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

LAGOS (Reuters) - 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.

(Reporting by Alexis Akwagyiram and Libby George. Editing by Jane Merriman)

2019-07-23 14:02:43

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