Nigeria takes Addax licences, hands them to Offor

Nigeria has revoked four licences held by Addax Petroleum and handed them to the operator’s former contractor.

Department of Petroleum Resources (DPR) head Sarki Auwalu disclosed the move during a roundtable with the Nigerian media. The agency cited This Day as reporting the development.

Chinese-owned Addax lost OML 123, 124, 126 and 137…

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