French oil giant Total announced last week that its wholly-owned Nigerian operating subsidiary, Elf Petroleum Nigeria Limited (EPNL), had signed a farm-in agreement with Amni International Petroleum Development Company Limited, for the Oil Mining Licences (OMLs) 112 and 117 offshore southeast Nigeria, according to a press release. According to the agreement, EPNL has acquired a 40 percent participating interesting in both OMLs. EPNL is the technical partner and will operate the appraisal and dev...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now