Aradel Holdings Plc, an indigenous energy company, has entered a purchase agreement through its subsidiary, Aradel Energy Limited, to acquire a 100% interest in the Olo and Olo West marginal fields from TotalEnergies EP Nigeria and the Nigerian National Petroleum Company Limited (NNPC) for $19.5 million. The post Local energy firm acquires NNPC, TotalEnergies oil field for $19.5 million appeared first on Nairametrics.
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