Oando secures $375 million injection from Afreximbank and Mercuria, eyes 100,000 barrels per day

Oando Plc has announced that its upstream subsidiary, Oando Oil Limited, has successfully increased its reserve-based loan facility to $375 million following capital injection from Afreximbank and Mercuria. The post Oando secures $375 million injection from Afreximbank and Mercuria, eyes 100,000 barrels per day appeared first on Nairametrics.

Read More