Tinubu announces OPL 245 resolution, paves way for deepwater investment

Nigeria’s President Bola Tinubu on Thursday announced the successful resolution of the long-standing dispute over Oil Prospecting Licence (OPL 245), marking a major milestone for Nigeria’s deepwater oil sector. The historic settlement, according to a statement by Bayo Onanuga, Presidential Spokesperson, was reached between the Federal Government, Eni, and Nigerian Agip Exploration Limited (NAEL), and

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