Schlumberger Signs $700 Million Oil-Field Deal in Nigeria

Schlumberger Signs $700 Million Oil-Field Deal in Nigeria

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…

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