Tag: Addax

FG to earn $340m from new operator of Addax OML — Nairalovers

By Ibrahim Apekhade Yusuf   The federal government is expected to earn a princely sum of $340million from the new operator of the Addax OML License, The Nation has learnt….

Addax OML license saga: The real facts

By Perry Okolugbo In 1998, the NNPC entered into a 20-year PSC (Production Sharing Contract) in respect of certain oil mining leases (OMLs) with Addax Petroleum, a company listed on…