Lekoil Limited (Lekoil) recently signed a Memorandum of Understanding (MOU)with GE Oil & Gas (GE) for the development of the Ogo field, offshore Nigeria. Subject to the successful outcome of the appraisal being carried on the project, GE will be expected to not only invest its capital in the project but to also contribute its equipment and technical expertise towards the project in consideration for a percentage of future cash flows from the Ogo field, as well as the ability to supply products and services for the life of the project.
0 Likes
