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Wednesday 4 October 2017

Two Nigerian firms pull out of Uganda oil licensing deal

Two Nigerian firms pull out of Uganda oil licensing deal

OpeOlwani Akintayo 04 October 2017, Sweetcrude, Lagos – Two Nigeria companies, Waltersmith Petroman Oil Limited and Niger Delta Petroleum Resource Limited, have walked out of oil exploration licensing agreement with the Ugandan government, claiming unsatisfactory terms of the deal. According to information available to SweetcrudeReports, the two indigenous Nigerian oil producing companies quit at the last …

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