United States-based CAMAC Energy Inc. said a letter of intent (LOI) had been signed regarding terms and conditions of a long-term agreement for the floating, production, storage, and offloading (FPSO) system, Armada Perdana.
The signed LOI provides for an initial term of five years beginning Januar
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more