Schlumberger commits $700m to new oil fields in Niger Delta
The plan by the Nigerian National Petroleum Corporation (NNPC) to grow the nation’s crude oil reserves to 40 billion barrels by the year 2020 received a major boost on Thursday with the execution of a tripartite agreement in Abuja. The agreement was between the NNPC/FIRST Exploration and Production Joint Venture and Schlumberger for the development of the Anyalu and Madu …
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