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The Nigerian junior ADM is negotiating with a mysterious Dubai investment fund in its bid to finance the development of the Barracuda oil field. The fund is owned by a member of the wealthy Omani Zubair family, which worries ADM shareholders. [...]
The last three of the five former African Petroleum directors at Petronor E&P have lost their executive roles at the junior created by APCL and Petronor in September 2019. [...]
YFP, the Nigerian operator of Aje, is counting on funds from Petronor to feed its gas ambitions and do away with unwieldly partnerships. [...]
Nigerian firm Century Group has signed contracts with two creditors of Erin Energy, which filed for bankruptcy in 2018. [...]
Century Group, owned by Nigerian business man Ken Etete, is about to start oil production on its Atala field (OML [...]
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