Schlumberger Signs $700 Million Oil-Field Deal in Nigeria

by | June 30, 2017 5:33 pm

Nigeria’s state-owned oil company said it signed a deal with Schlumberger Ltd. to provide $700 million for the development of two oil fields in the country’s crude-rich south. The Anyala and Madu fields, estimated to have reserves of 193 million barrels of crude and 800 billion standard cubic feet of gas, will pump 50,000 barrels…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe
Tags: , ,