Oando has paid $550 million in cash to ConocoPhillips for the acquisition and secured bank financing to complete the payment
Toronto-listed Oando Energy Resources (OER), the upstream business of Oando Plc, said it had secured funding for the closure of the acquisition of the Nigerian upstream oil and gas business of United States-based group ConocoPhillips.
The company, which is focused on oil and gas exploration in Nige
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FEMI ASU
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