CHINA OFFSHORE OIL COMPANY TO INVEST $3BN IN NIGERIAS OIL SECTOR

CHINA OFFSHORE OIL COMPANY TO INVEST $3BN IN NIGERIAS OIL SECTOR
July 24, 2018 Advocaat Law Practice

China National Offshore Oil Corporation (CNOOC) is set to invest $3billion in its existing stakes in offshore oil and gas operations in Nigeria. The investment will be in addition to over $14 billion earlier invested in its Nigerian operations.