IOCs, FG in disagreement over $6.2bn JV cash call

IOCs, FG in disagreement over $6.2bn JV cash call
July 10, 2017 Advocaat Law Practice

It has been confirmed that the agreement entered into by the Federal Government (FG) and International Oil Companies (IOCs) with respect to the full and final settlement of the FGs outstanding cash call obligations have failed to take off as the FG has failed to perform majority of its obligations under the cash call exit.